FBR 5.26% 4.0¢ fbr ltd

Resolution 5 & 6 - Extension of loan and escrow period, page-35

  1. 1,480 Posts.
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    Must admit , I can understand paying employees lower wages and top up with shares as an incentive for rewarding success for a R &D company makes sense .
    Preserving cash and survival is critical, especially without a major partner.
    I think the same should apply to the Pivacs and senior management , all , who will become incredibly rich if FBR are successful.Hence I am disappointed with Pivacs being paid high salaries in anticipation of success.
    I think , in their defence , they and we expected a commercial hadrian suitable for WaaS to be ready much earlier.
    Re mass manufacture , FBR still don't have a hadrian that is suitable , while Hadrian 2 works well , it still requires
    engineers in van , on site , to operate.
    Hopefully hadrian 1 is WaaS commercially ready
    • with speed , accuracy ,
    • operators have direct access to control ,
    • monitor with HQ back up.
    I am hoping Hadrian 1 will be showcased before AGM ,?
 
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