AUL 0.00% 28.5¢ austar gold limited

Ann: Change of Director's Interest Notice x 3, page-27

  1. 683 Posts.
    directors putting money into small cap species is the biggest scam going.Heres why: Directors state they are supporting the cr by putting in token amount of $$$, say 20k or so, and this in turn encourages long suffering shareholders to believe that they should follow the "smart money" and they in turn support the cr, and the cr is a success.But here's the rub;the directors then pay the money that they contributed back to themselves in the form of wages,director fees,consultancy fees etc, plus they get your money to pay these wages etc as well. so the bottom line is that the directors can't lose by contributing to cr, but you certainly can, and IMO will.
 
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