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consultancy fees

  1. antibotter

    6,985 Posts.
    Even though Mr Smith is not a director of company any longer he receives a consultancy fee of $US 10, 000 per month (current exchange rate would be equililent to about AUD $13, 000) until further notice. He also received a sign on bonus of $AUD 130, 000.

    Mr Wachtel receives $US 15, 000 per month as a consultant

    That's just for starters - with all the other consultants and expenses being paid out on a monthly basis - I am sure the money in bank is diminishing

    Who ever believes there is 5 million AUD $ in bank most probably believes in tooth fairy

    My comments are exactly that, should not be taken personally, and is not investment advice

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