InvestorsHub Logo
Followers 1
Posts 25
Boards Moderated 0
Alias Born 04/03/2013

Re: joeblow110percent post# 1955

Sunday, 05/11/2014 11:21:26 PM

Sunday, May 11, 2014 11:21:26 PM

Post# of 3480
I suggest that before making accusations you actually read the financial statements - which clearly you haven't

Note 10 of the Annual Financials provides a table which provides details of warrants issued including those issue to Simona Ashley. It states that these were issue to the CEO (ie Mark Ashley). The "#" next to those warrants also refers to the note at the foot of that table which ALSO states that the warrants issued to Mrs Ashley were part of the 10 million warrants issued to Mark Ashley as part of his employment contact which had been disclosed previously (including in the announcement which advises of his appointment). Clearly Mark Ashley decided to put half in his name and half in his wife's name. This is perfectly normal.

Re your question of salaries. There are 3 other directors who would be receiving directors fees. Nothing questionable here either.