Hey mate, I didnt realise salaries had been suspended. Assuming...

First 70 Last

Share
Profile

Follow
HAC30

5,127 Posts.

367

25/01/19

13:28

Post #: 37224783
Share

Originally posted by apkjm ↑

Big K and @HAC30 I really do like my conversations with you two , its not nasty in anyway , and it pushes me to question myself and my own understanding of a situation So I thought bugger it Ill ring the main man himself and ask him what he's being paid, not just VEC , but the others also.

:VEC no salary taken this FY as deal not yet closed. ( 5k/month )

:4CE no salary taken since Sept as share price has fallen so significantly and I have also agreed to halve my salary - backdated to September and agreed to take it 100% in shares ($8k/month)

:Not taking a salary at WFE as that is suspended and no salary will be taken until it comes out of suspension. ($5k/month).

MSE salary is being taken ($4k/month) as actively identifying and working on transactions there and similarly so with TAO ($4k/month).

100% of GLV salary is being donated to DRC charities. ( 5k/Month )

I ask if other could call to verify these figures , that is not a problem was the reply . Call me directly , very happy to discuss any company issues you may have !

Hope this was of some interest guys ! So I think that works out at 8k per Month being received ( taken out donated fees ) and wages being frozen or just not taken at all !

Expand

Hey mate,

I didnt realise salaries had been suspended. Assuming that is the case, and they aren't just accruing as a liability to the company, I respect that for sure!

Was that in announcements and I missed it? 8k per month is far less 'tidy' haha.

VEC Price at posting: 2.3¢ Sentiment: None Disclosure: Not Held
6 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

IAG

IAG snaps up RACQ's insurance business for $855M

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 103 more messages in this thread...

First 70 Last

Add VEC (ASX) to my watchlist

Hey mate, I didnt realise salaries had been suspended. Assuming...

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

IAG snaps up RACQ's insurance business for $855M

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game