PVL 0.00% 8.3¢ powerhouse ventures limited

Ann: Final Director's Interest Notice - Walley, page-5

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  1. 275 Posts.
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    You may be right re Invert but seems strange that a director resigns in this way. I would have thought if the new investors wanted someone on the board you would have done an orderly hand over etc.

    Maybe it is innocent. But have to say i have also seen other examples within PVL of a director being appointed to an investee company, capital raising completed and then them leaving. It looks like window dressing.

    Changes in boards and management is not a good look in my view - despite the funds raised. hopefully Invert will make the most of the cash raised, but from what i read they are still going to have to raise more in a years time.
 
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