Ann: Implementation of Padbury and Aurium Merger , page-47

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  1. 22,683 Posts.
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    re: Ann: Implementation of Padbury and Aurium... They don't know how to "save" cash.
    Admin. costs for last qtr. $327 thou.
    What are they spending this on?
    Wages, (for doing ???) should have been around $150 thou. max! so where did the rest go?
    Rent, $25thou, power & phones $10thou ??
    $142thou, where did that go?
    Whichever way I look at this, they ARE going to run out of cash soon.
    They should ALL take a BIG pay cut, just like we have with the S.P.
 
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