OAK 0.00% 7.0¢ oakridge international limited

Ann: Full Year Statutory Accounts 2017, page-19

  1. 2,578 Posts.
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    I'm a numbers man. $642,717. Athan Lekkas' salary. XPED lost $11 million over the year. 5.8 per cent of that went just on AL's salary.

    Someone posted that while AL still had his shares, they would stay in. AL has 29 million shares.

    At 0.008 they are worth about $240,000. That is much, much less than he has been able to extract from the SH for his lunch money.

    AL is going to stay on the payroll for as long as he can drag it out for and continue to milk the SH for everything they have. Only thing to stop it is a vote, or a class action.

    Decided to keep my 1.7 million just to vote for a Strike 2, even if the value of my holding goes down to zero.

    On a brighter note, a school having a wear a dress day to raise money for girls' education raised over $275,000

    Brilliant stuff. I was hoping to get the same results by investing in XPED. I can accept losing money, but it is the manner of how management contrived to rip off SH and screw up the finances which makes me determined to prevent Mr Lekkas from holding office ever again.
 
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