PIL 12.5% 0.9¢ peppermint innovation limited

Ann: Prospectus to support reinstatement, page-13

  1. 158 Posts.
    lightbulb Created with Sketch. 13
    my only red flag is the Kains are still paying themselves way too much IMHO. over half a mill between them for a company struggling to be solvent not trading is just a pisstake. They need to show some commitment and take a paycut to a regular wage untill the company is cash flow positive.
 
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