Providence Resources - Unethical behaviour: - AIM should also be investigating...

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09:44 29/05/2016


AIM should also be investigating unethical behaviour. Surely they Have a regulatory body that should be examining the company. 1: Has the BOD behaved in the best interest of the shareholders. 2: Has the BOD been transparent. 3: If there is no insider trading How come all the major IIs Know about equity raise before us small investors. 4: How have the auditors signed Off year after year on the accounts of Providence knowing what We now Know. 5: is It legal to Pay disgracefully high Salaries to TOR, JOS and BOD out of borrowed money with no revenue stream. 6: is It normal that the remuneration committee is effectively the members of the BOD assigning themselves Salaries that Many shareholders are very upset about. 7: is It legal to pass company funds i.e borrowed money to Irish Olympic Team against the wish of Many shareholders. 8: is It legal to issue Many misleading and false statements. : is It ok to issue RNS about commercial agreement on Barryroe and thereafter not explain what has happened and whether agreement is bust. 9: is It ok to announce An agreement with Schlumberger without specifying exactly the terms of the agreement. 10: is It ok to dilute small original PE investors into oblivion when other options exist. Many other questions to answer apart from these

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