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VMS VENTURES INC. VMSTF



GREY:VMSTF - Post by User

Comment by ACESoveron Jul 24, 2015 4:01pm
109 Views
Post# 23958291

RE:Wages

RE:WagesNorthboy44, I haven't posted on this site or any other site for quite a few weeks and ironically your post is what I was going to allude to.

The Venture exchange is ripe with fledgling juniors who always pay themselves first and the guys at the top such as JR have no guilt in collecting their ridiculously over inflated salaries. Somebody once posted on this site that JR makes $450,000 per annum and if this is true that is roughly $37,500 per month, $8654 per week, $1730 per day and $216.00 per hour. And that is assuming JR is on the job for all that time.

So what does JR do during his hectic work day (LOL). He surely doesn't create any shareholder value so what are the shareholder's paying this guy for. VMS is currently sitting on the 52 week low .21 1/2 cents and did trade as low as .20 1/2 cents this morning. Maybe time for JR and company to show how they justify their fat cat salaries but i guarantee that ain't going to happen.

The problem is just not JR it is the whole Venture Exhange  and it's policies which allow these absurd salaries (and there are worse cases than VMS) to even be allowed. Let's face it is isn't you or me or any other "Joe Retailer" who votes in and allows this waste of company monies.
No problem because when cash runs low time for anothe PP or financing and of course don't forget to pay JR and the rest of the crew top buck.

All in my humble opinion, ACES.


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