CVS 0.00% 0.4¢ cervantes corporation limited

Hi godlike, you made me curious when you said the directors work...

  1. 3,857 Posts.
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    Hi godlike, you made me curious when you said the directors work for $24k P/A.

    Going by the 2017 annual report

    The C Vost one way or another received....

    $24,000.00 plus other short term benefits of
    $93,770.00 ((Being for. Serviced office, book keeping and cap raising fees))

    (Previous year $24k + $78k)


    Quote from 2017 ann. report

    “Included in other short-term benefits are payments made to New York Securities Pty Ltd which provides a serviced office including bookkeeping services and is the landlord of Cervantes Corporation Ltd. Mr Collin Vost is a director and shareholder of the securities dealing company. During the financial year $78,000 (2016: $78,000) was paid or payable.”

    “Also included in other short-term benefits are payments made to New York Securities Pty Ltd which is appointed as the Company’s securities dealer and advisors on normal commercial terms and conditions. Mr Collin Vost is a director of the securities dealing company. During the financial year $15,770 (2016: $nil) was paid for providing capital raising services.”
 
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Currently unlisted public company.

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