PPY 0.00% 1.3¢ papyrus australia limited

Ann: Papyrus engages MAP Capital Advisors , page-7

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  1. 266 Posts.
    Mayor of Tolga, it's all relative when it comes to what people get paid. RA is the inventor and majority owner of the business. He can pay himself whatever he likes and I don't have a problem with that as I am sure that as a business owner yourself that you dont have a problem with that either. The difference is that you might listen to your staff and and grow your business (increasing your earnings) and I am sure that as a result of that you would retain those people that helped get you there and even give a bonus or increase (not sack them). The key take away from the latest announcement is that they are right royally up the creek without a paddle. They don't need to pay an organisation to tell them that they are broke, don't have a business or business model, that their technology doesn't work. The market has been telling that to them for free for at least 4 years! I don't even think that there is anyone left in Australia that could even help them with a fund raising given their whoaful track record. But let's wait and see. As for Egypt forget it. It was never on and the yellow pallet was a joke from the outset. Go back and read some of my earlier posts on the two issues. The outcome was foreseen.
 
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