EVM 0.00% 10.0¢ enviromission limited

Ann: Appendix 4C - quarterly, page-5

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  1. 16,523 Posts.
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    Ok, so the question is who would stump up $137,000 under the current circumstances, at 10c per share? This money would have been needed to show the company wasn't insolvent. They couldn't give a discount either, because the share price has been static at 10c ever since the suspension was imposed. I wonder if there is any side deal associated with this share issue or if it is a friend or a family member.

    Yes, their salaries should be based on performance, that also has been mentioned at AGMs. Creative entries? We're talking about an ASX listed company here. Yes, maybe there would be creative entries but publishing falsehoods in ASX announcements is potentially a criminal offence. Most other ASX listed companies have executive remuneration linked to performance, I see no reason why EVM should be any different.
 
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