Providence Resources - Email To Providence - I sent an email to...

I sent an email to Providence yesterday regarding The leaks in the press And They Have not confirmed or denied. So This Is a Bad sign. What annoys me apart from the skulduggery is the blatant unethical behaviour By TOR and his complicit Board. Where is the Melody Finance extension We were told about in December. What Are the terms of the agreement With Schlumberger. When is the commercial agreement with (presumably Sequa) void. If void now why were we not told. Why were Salaries not cut. Why Are We paying For rich kid sailors. All of this On borrowed money. Is this legal. Was it éthical to pay such scandolous Salaries using borrowed Money. My opinion is the Melody Deal fell through before Transocean result and the suspension was An excuse to cover up the mess and unethical expenditure With our money. Another thing There seems to be a Two tier shareholder Both here and in another company L oil & G. The major shareholders Know what is happening You Just Have to read the RNS issued By L Oil & G regarding equity issue stating That Directors and major shareholder Would be recomending Acceptance of equity issue terms. How could this be stated unless major shareholder is being told what is Going on. My question is this. Is it legal that some shareholders Have this insider information ???. The while thing stinks. I had some faith in Providence because of Its Assets and was prepared to give TOR benefit of the doubt. However now I Believe the behaviour of this Board is sociopathic and These individuals appear to Have no conscience at all. We Will See shortly if this view is confirmed