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Ann: AGM Presentation, page-40

  1. 512 Posts.
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    @The_Earl_of_Loxley

    I was following on from the concerns raised by @Relaxed punter who stated that Vingo was paid a $400,000 fee at the time for delivering a non-binding agreement that may not result in anything for the company nor the shareholders.

    He sought clarification from SH and couldn't get it. I never said that I'm just quoting.

    IMO if that's the way things are done in China then why wouldn't he have just answered clearly @Relaxed punter 's query.

    I think paying someone actually anyone for that matter $400,000 for not delivering a concrete result for the company or it's shareholders is excessive.

    On top of this he's getting paid to be the marketing /off take person so how much are the shareholders actually paying for these non-binding agreements?

    I think it's more than a fair question IMO
 
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