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WFL

0.00%

0.3¢ wellfully limited

This company is already done and dusted!! No hope on any future...

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langhoatu81

1,472 Posts.

114

13/10/22

23:29

Post #: 64190211
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Originally posted by gallea: ↑

I need a little help from you, as I do a few sums on the back of an old envelope.

Part of PP's generous salary package has now been paid with shares at these historic new lows. AND with a truckload of options strike price 3.3 cents, which would be worth a fortune if SP hits 20 cents. This is where I need your help. How many of these shares and oppies does PP get in lieu of pay?

Paul Peos wants $3 million in performance shares for getting the SP to 20 cents in 3 years. (15 million performance shares at 20 cents).

The SP was 1.5 cents BC. (BC=BEFORE CONSOLIDATION) That equates to 30 cents after consolidation. Since then PP has been on a generous compensation package and in his watch the SP has dived to new lows. Currently $0.0011 BC. So, apart from past and future salaries, PP is to get an additional $3 million for driving the SP back to two thirds of what it was BC. Of this, $1 million is if he gets the SP to 10 cents, the equivalent of 0.5 cents BC. A million dollars for getting the SP back to one third of what it was BC. On top of a generous salary for several years.

Why did SS and PP get oppies when their loans were converted into shares? Didn't they already get paid interest on the loans? Is this put to a vote...

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This company is already done and dusted!! No hope on any future !!

WFL Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
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