SDV 4.55% 23.0¢ scidev ltd

Yes finch. SciDev was supposed to pay us dividends , but as a...

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    Yes finch.
    SciDev was supposed to pay us dividends , but as a matter of fact INL is subsidizing SciDev.
    # $1.3m upfront cash for 50%.
    # Paying the two founders wages , while they keep 50% profit without the corporate overhead expenses of a listed outfit.
    # Paying a "corporate development manager".
    # Both Kieran Rodgers & Dan Cronin are on the board of SciDev....We are not clear whether they are receiving wages or consultancy fees.
    Intec got the short end of the stick, I am afraid.
    Are they going to do something to fix this mess & make ends meet?
 
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