I find it hard to fathom after the failures of Sexton, Gerlach and the board, they are still there. Its all about the gravy train or is it because if a new board comes in may expose some to the dealings. Let us just ponder over some of the failures,
Paris Creek Milk
Mt Gambier alkaline water
Dada Dot and oz iris tech
Beston Foods online
Lobster licence
Ferguson Seafood
King Fish
Neutracicals
Im sure there are more,
Some of thees companies were bought after the debut on the ASX, with none of the companies contributing nill revenue to BFC.
You must ask the question why ? Was it that Gerlach and Sexton owned some of these companies, and offloaded them to BFC, makes you wonder Whey pay out hefty amounts on companies with nil revenue?
Ann: Beston Announces Board Changes, page-11
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