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Posted On: 06/03/2019 7:15:01 AM
Post# of 82676
I'm not trying to be negative, I'm trying to understand the finances of the company. Apologies if I'm being dense or if this has been covered in detail previously:
The company did $150K in revenue in the last quarter, which is a welcome improvement. At the same time, however, the salaries of Mark, Ram, and George totaled about $250K for that period, plus there's 3 other guys pictured on the BlockSafe website, plus any other staff, rent, etc.
Where is the money coming from to keep the lights turned on and pay everyone? Is the Microsoft settlement being budgeted out for this, or is there something else, maybe? It's gotta be coming from somewhere and even if share count is being increased, a M extra shares now and again really isn't enough.
The company did $150K in revenue in the last quarter, which is a welcome improvement. At the same time, however, the salaries of Mark, Ram, and George totaled about $250K for that period, plus there's 3 other guys pictured on the BlockSafe website, plus any other staff, rent, etc.
Where is the money coming from to keep the lights turned on and pay everyone? Is the Microsoft settlement being budgeted out for this, or is there something else, maybe? It's gotta be coming from somewhere and even if share count is being increased, a M extra shares now and again really isn't enough.
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