AHL 9.72% 79.0¢ adrad holdings limited

Shauna and Husband Sachin Fired with Cause?

  1. 15 Posts.
    From yesterdays announcement
    Shauna Mei added “Sachin and I have truly enjoyed building a phenomenal company that connects thousands of independent artisans and designers with discerning consumers in a greatly scalable and valuable technology platform. As large shareholders of the Company, we are excited for this next phase at AHAlife and are fully supportive of our team’s new leadership and in aiding a smooth transition.”

    Large shareholders? With their options worthless they have 17,1m and 7,5m shares respectively. That represents 12% and 5% of the company.
    A grand total value of $767,000 and $335,000
    and only if they could still bail out at the current share price of US 4 cents.


    No more $300k salaries/fat expense accounts they each enjoyed effective immediately.

    Still hope for the company?
 
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