Ann: Redflow enters Voluntary Administration, page-31

as long as they sack the CEO who has been leeching off RFX … the capital raises have just been a transfer of $$ from SH pocket to TH pocket. outrageous salary before the company was even cashflow positive. the fact he won’t participate with his own $$ in capital raises sends a such a bad message to those he is trying to convince to participate in raises… it is just obvious problem. how the board allowed this diabolical incentive structure to persist is hopefully something deloitte can investigate and fix