RE: Connemara/arkle20 Nov 2019 16:13
Queen, you might want to do some more fact checking before you go spouting off calling people******, before you start to come across as one yourself.
If you knew anything about Connemara, you would know the head honchos rarely if ever take money out of the company, instead taking their dues in shares. In 2018, according to the report that you want to shove down my throat, there was 50k out of 116k rolled over.
Do you think that would be owed to the few who always roll over their pay, or do you think that those directors who are just thrown in for a quick stint are doing the job for the good of their health??? You might want to have a look at McNeilly's pay over the years to realise the chap isn't of the benevolent type when it comes to such matters.
While you're at it, maybe have a look at the more recent interims rather than the annual you referred to. The liabilities have not increased, as they more than likely would have were directors taking deferring their dues. A quarter of a million of cash raised (plus a million the previous year) is handy to pay lads off before they head for the door i would say.
However, despite the bulk of evidence backing up my claim, and pretty much zero evidence to back up yours, if i were to give you the benefit of the doubt and assume McM deferred his dues, the chap would still be getting paid at some stage, certainly at the next round of fundraising. And probably with interest to boot.
Is there enough lines in that for you?? I certainly have more on the topic, but it would be a waste of time typing them out here as the acolytes would get the post removed. If you're man enough, you might reserve a line in your response for an apology for the tw*t comment. I thought you were a bit more objective rather than a head in the sand type individual. It's water off a ducks back though. However, i'd be more concerned for the 5 individuals who ticked up your post. Baaaaaaaaa! In case that needs spelling out for them, i'm saying you're all sheep. Well, ostriches would be more apt.
PS, your lifestye company comment on the ARK board was laughable, which goes to show how little you know of the company. It's a company that is in the pits at the moment for sure, but its not a lifestyle company. JT isn't short of a few bob, having sold a whiskey distillery for 70 odd million some years ago....and his family having set up another. Seeing as the man is a teetotaler, he certainly hasn't drank the profits, and isn't much in need of the relative pennies he'd get from drawing his wage from Arkle.
Have a good one, and lets try keep it a wee bit civil from here on shall we?
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