Way too many people enjoying a free ride at VMS. AR seems to be the only one doing anything at the moment and even he’s stretched because of how many companies he’s involved in.
Time for these guys to bring in shareholder value or move on. We are not here to fund their lifestyles.
I am sick of investing in companies where management just take everyone for a ride and couldn’t care less about the shareholders.
They should all be on minimal salaries with the bulk of their remuneration in bonuses on achieving certain share price milestones. That way their wealth is intrinsically attached to our wealth. That’s the only way it works for shareholders.
Ann: Date of AGM and Closing Date for Director Nominations, page-29
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