But if it is not successful after three months we may call it a day and none of us will have made a penny.
Just because you are not paid doesn't mean you are unemployed, you are a director in the company and are working for said company just not drawing down a salary.
Yep find this somewhat strange!! Why are you working in a company where you have no ownership rights? Not a sensible decision in my opinion. 1 party could be putting in most or all of the initial capital required. However this could be recognized by means of a directors loan or other priority agreement.There are 3 directors in the new company and one of them is 100% shareholder which is not me
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