CHP 0.00% 0.5¢ chapmans limited

AGM, page-16

  1. 578 Posts.
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    You're applauding a transfer of funds from CHP equityholders to CMY equityholders. The directors here sit on the board for both and draw a salary from both and derive fees from CMY to CHP. They are then likely to use that transaction as a milestone to grant themselves bonus payments from both.

    This is incredibly shady. Sickening even. Such transfers between businesses owned by the same people are how securities fraud cases start.

    Remember kids, if you can't make your external investments successful, just invest in another one of your own companies and call it a success!
    Last edited by londoner.jim: 02/06/17
 
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