RotoGro: Executes COVID-19 operational plan
- RotoGro World Wide, a subsidiary of RotoGro (RGI), has implemented an operational plan amidst the ongoing COVID-19 pandemic
- Then the company has suspended the employment of 12 staff to unpaid leave and will continue to review this over a rolling two-week period
- The Board of Directors, Executive Management Team and remaining staff have all agreed to salary reductions
- The Executive Management team have also initiated cost-saving measures around purchase orders
- It is not certain how long this will continue, but measures will reviewed as COVID-19 unfolds
- RotoGro’s shares are steady today and trading for five cents each
