EVM 0.00% 10.0¢ enviromission limited

Ann: Appendix 4C - quarterly, page-6

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  1. 723 Posts.
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    Could be anyone who has a vested interest and has a bigger stake than $137,000. It could be worth gambling to get them to the perpetually imminent line. Atkins acuity could potentially have given them the amount so that it buys them more time to secure the finance so snc lavalin can win the job. I wonder how that arrangement is going?

    It seemed to me that evm had to raise 6mil then AA would stump up the balance to 20mil. Then snc lavalin would win Job. Similar to large developers using their 30% equity before bank will give the 70% balance loan.

    If they were based on performance then no one would have been paid for last 15yrs. Lol.

    Be interesting to see the breakdown of the corporate costs. To see exactly where the funds they are spending is going? Is it on consultants, lawyers, travel to meet with potential investors? It easy to hide info behind the fairly limited categories they show in this case it helps them but it would be nice to drill down into the detail. Might give us something to chat about if only for a couple of days.

    Surely accountants can be creative on how they write up stuff and it conforms with list rules etc. I mean the “loan to 4 shareholders” is better than saying “debt due to directors” - creative...
 
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