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Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.


PINL:VLTAF - Post by User

Post by Goldflowon Apr 15, 2013 5:03pm
196 Views
Post# 21256638

Our cash will be depleted soon

Our cash will be depleted soon

We only have about $20 Million in cash and short-terms. Even if we stop drilling we will continuously lose it. Board of directors are getting paid $3.8Million in Salary/Stocks per year - absolutely rediculous. This is really discouraging they really need to lower their freaking salary. They probably don't even care about the dying share price with their big dollar salaries.

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