Look at what happened to MBP, same story again and again on these kind of companies like CCE: The whole purpose of the company floating is to feed the management, from the pool of share holder's money.
CCE has less than 17 staff members as CEO said 20 days ago in teleconference (if my memory is right). But have a look of their web site and there are 7 in management team! Of course they also need to pay those directors of the board, that I assume not counted as employees of the company...
And, according one of the posts in this forum, they pay Prof Wood $300K per year as face person of the company...
Considering their poor sales record, which obviously far not enough to cover the costs of the products, who is paying those fat cheques to the management ??
Never go near them again...
CCE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
