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Mega Uranium’s losses due to mismanagement

Mega Shareholders
Megames, African  September 15, 2009
Are the shareholders aware of the loses incurred by the public officers because of negligence :

1. US$ 35,000 (LOSS) – Legal Fees – Lost court battle in SA and Mega Uranium subsidiary was liquidated

2. US$ 54,000.00 (LOSS) – Cash in bank – Mega Uranium subsidiary was liquidated

3. US$ 246,000.00 (LOSS) – Drilling Machine – Mega Uranium subsidiary was liquidated

This equates to a loss of more than US$ 335,000.00 LOSS which is a lot less than creditors were owed in SA for which Mega Uranium refused to settle.So is this the way shareholders funds should be used?
Megamess: Mega Shareholders

September 16, 2009 - Posted by Christina Macpherson | 1, business and costs, South Africa | antinuclear, nuclear, nuclear costs, uranium