Providence Resources - Negotiations - According to AIM rules Providence...

According to AIM rules Providence must inform its shareholders of any Information that is likely to affect the Share Price in a material fashion. Prvidence must still be in serious negotiations as if not the directors of this company might find themselves with legal problems. Is it legal to draw a 500k salary on borrowed money at a rate of 10% interest. Have we not been told that a deal would be done in 2014 by the CEO. It seems to me that the interests of shareholders has not been adhered to. Why were we not given more information as to the Possible interest from the Indian State Oil Company. So based on this I believe that a deal must still be on the table. Would TOR isk legal action and the reputation of himself an his family and the bankrupting of this company just for the sake of a 500k salary