Posted On: 10/29/2013 4:30:05 PM
Post# of 5066
Re: patientgal #3908
When I see a CEO of any company buying high priced toys for himself I certainly question his motives. Koos paid himself a very high salary of $300,000 a year which in my opinion is not a smart move when trying to get a startup company off the ground. I certainly question his spending habits with the nice big boat and hotrod Caddy all bought with our hard earned money. When I started my small company 20 years ago I paid myself the bare minimum and reinvested in the infrastructure of my company. It paid off as I stayed in business for 20 yrs just recently retiring. I feel as if Koos had a master plan of duping his shareholders and has carried out that plan quite masterfully. Being in bed with Hicks is a bigtime red flag to me. I see no future in holding shares in this company. I just sold for a very large loss as I watched the pps drop steadily. This is only my opinion and I've been wrong before but doubt I'm wrong this time. GLTA.
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