PPY 0.00% 1.3¢ papyrus australia limited

Ann: Funding Arrangement , page-2

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  1. 102 Posts.
    Well this is a surprise!

    Ramy drew $250,000 as salary last year and now lends it back to the company.

    Is it a revolving door game?

    Why not do what the other PPY directors do and not take a salary or fees in the first place?

    It seems that Ramy's salary is one of the last operational costs and if no one else will fund his salary he uses the family company.

    Meanwhile...back in Egypt the work goes on.
 
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