By Tom Winnifrith | Monday 21 October 2013
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Terry Bond has been the executive chairman of AIM Cesspit posterboy Vialogy (VIY) since its launch. Last year as the company recorded another whopping loss he trousered a pay packet of £181,261 even though the company also has a CEO and a CTO. Is he needed? Is he an asset? Or just another cash drain on a company which is weeks away from running out of cash? It's the latter. It's time to Junk Bond.
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