SLA 0.00% $3.34 silk laser australia limited

no independent directors

  1. 6,165 Posts.
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    I have been watching SLA's asx news for 6 months.
    They are look very rosy. Very promising indeed.

    (Most public companies have at least one independent director. They act as watch-dog for minority sh/h)

    However my concern is there is not a single
    'Independent director on the SLA BoD.


    So how can investors be assured that those news are correct and not just 'cooked-up' stories?
    I am not pointing any finger here here, I am merely asking the standard prudent question.

    Until then I'd keep watching, without investing.

    For example:
    I understand the newly appointed CEO of Plus SMS,
    a listed company in NZ, have in the last 6 months uncovered that previous CEO have made many bogus ann to the NZX.


    --------------------------------------
    SLA's BoD:

    Dr Vagif Soultanov (Executive Chairman)
    Mr Peter Stedwell (Executive Director)
    Mr Denis Kilroy (Executive Director)
    Mr Charles Pellegrino (Executive Director)


 
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Currently unlisted public company.

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