Four years ago we were invited by our former bosses to form a company after about hundreds of us were offered early retirement from our previous company.
We were able to gather about 100 investors each investing a minimum of 300k to several millions.
The set up is simple, only active investors are allowed. Every investors have to be working for the company to be allowed to join.
This is because of the objective to have an Initial Public Offer in two or three years.
Several investment houses are created with about 20milion per investment house capacity. They assigned investors to this investment houses in preparation for the promised IPO.
I invested my hard- earned -the -future of- my- kids 3 million separation pay.
We were told from the start that we will have two roles: One is as an employee - that we will do our job and deliver the sales results and we will get paid for it.
Second is as an investor- that we just have to wait when the the dividends will be given or when to attend the investors meeting which is done annually.
So far no dividend has been issued since we started to us saying that the company is not doing well and always in the red and the prospect of doing the IPO is really almost impossible to happen.
At the same time January of last year there was a leak that several of us and now all of us know that the salary that the board members awarded themselves is incomprehensible at 500k to 150k a month.
Every year end since we are always in the red. They are now saying that the value of our investment is only 45%.
That if we are to leave the company now we can only get the 45% of our investment money.
Is there a way I can force them to give back the whole amount of my investment the moment I resign now?