Providence Resources - Immiral or illegal: - If no RNS i.e no...

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13:35 08/12/2014

If no RNS i.e no deal this year is there not something immoral or perhaps illegal that BOD are paying themselves disgracefully high salaries given thst this company has no money and borrowing at 10 percent pa to finance day to day activities. This would maybe ok if a good deal on Barryroe had already been reached which included a substantial cash payment to Company. What are this BOD bring paid for. Share price has collapsed, money has run out and not one project up and running. This is starting to appear scandolous. At the same time Providence throws monry into BODs pockets and presents for sailing clubs. It is at the moment a disgrace unless we are shown otherwise.

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