a spot of advice

Author
Discussion

GrahamR15

Original Poster:

51 posts

163 months

Tuesday 23rd August 2011
quotequote all
hi wondering if anyone can advise a little. ???

i have some class/type b shares in the company i work for which show up as 100 £1 shares of 1000 though obviously not a true representation of the value paid for them.
this entitled me to a 10% share of profits though being a small limited company the friendly local accountant has no trouble showing the company makes nothing. Problem is im leaving and am duly expecting i will get offered the same as a previous employee that left which was £1 each for his shares so £100. This i im not gonna be comfortable with but what is right or wrong? is this to be put down as life expierience or am i entitled to more?

many thanks
g

GrahamR15

Original Poster:

51 posts

163 months

Tuesday 23rd August 2011
quotequote all
Eric Mc said:
On what ground do you think you are entitled to more?
Because initial investment was over 50x the amount offered

GrahamR15

Original Poster:

51 posts

163 months

Wednesday 24th August 2011
quotequote all
I paid 5k another here paid 10k and in same position

GrahamR15

Original Poster:

51 posts

163 months

Wednesday 24th August 2011
quotequote all
Thanks you've just pretty much confirmed what I was thinking!