Posted On: 07/22/2014 9:49:03 AM
Post# of 5949
Re: BURN.NOTICE88 #3196
The companies you named all show significant payroll expenses (often lumped into SGA or Costof Goods Sold.) There expenses PROVE they have employees b/c their payroll costs are in the hundreds of thousands or even millions.
HEMP:
http://www.otcmarkets.com/stock/HEMP/financials SGA= $2.965 MILLION
CBIS:
http://www.otcmarkets.com/stock/CBIS/financials# SGA= $3.328 MILLION
MJNA:
http://www.otcmarkets.com/financialReportView...;id=117752 Payroll= $259K (2013)
RIGH had payroll expenses of less than $50k in all of 2013. That's my point:
LINK:
http://www.otcmarkets.com/financialReportView...;id=120871
nowhere near enough to support a staff.
And Sal was Chairman of the Board of his own little "compny"- Genius Biotech, NOT RIGH- he's not even on the Board of RIGH!
And there's too much misdirectionover the lab question to even address. It's obvious from the lab "non-expenses" (<$300 per quarter) that no lab exists.
The financials just dont support the existence of 7 employees, a lab, or a Board of Directors.
But I'm still hoping to get enough of a bounce to cover my costs PLUS a little (target .0008). I doubt the name change will do it,- it didnt do anything for CANL, but I can hope.
HEMP:
http://www.otcmarkets.com/stock/HEMP/financials SGA= $2.965 MILLION
CBIS:
http://www.otcmarkets.com/stock/CBIS/financials# SGA= $3.328 MILLION
MJNA:
http://www.otcmarkets.com/financialReportView...;id=117752 Payroll= $259K (2013)
RIGH had payroll expenses of less than $50k in all of 2013. That's my point:
LINK:
http://www.otcmarkets.com/financialReportView...;id=120871
nowhere near enough to support a staff.
And Sal was Chairman of the Board of his own little "compny"- Genius Biotech, NOT RIGH- he's not even on the Board of RIGH!
And there's too much misdirectionover the lab question to even address. It's obvious from the lab "non-expenses" (<$300 per quarter) that no lab exists.
The financials just dont support the existence of 7 employees, a lab, or a Board of Directors.
But I'm still hoping to get enough of a bounce to cover my costs PLUS a little (target .0008). I doubt the name change will do it,- it didnt do anything for CANL, but I can hope.
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