If anyone reals wants to know who the management are working for, this, directly from today's report should indicate it.
2005 - Total director's benefits $1.152mill
2006 - Total director's benefits $3.01mill.
Dr Unterweger raking in $366k per year. And his background, worked for a furniture company then a sporting apparel company then scored the big QTK contract. Looks after the gymnastics on the side as well.
Plenty of brokers have participated in capital raisings, such as convertible, where the share price has significantly deteriorated after, including CLB which went bankrupt, LUM which last 50%+ of its value after the notes were issued. When companies have to resort to convertible notes for funds, things are pretty bleak. Can get unsecured loan from some finance companies for 7.99% ATM, and for large amounts as well. No bank would touch them, or are they looking after their mates again?
QTK
quiktrak networks limited
