(Total Views: 464)
Posted On: 06/06/2020 4:45:30 PM
Post# of 82686
From the end of 2009;
https://www.sec.gov/Archives/edgar/data/12855...123109.htm
It states that the company has been selling ProtectID and GuardedID with the reseller business model since 2006. In 2009, gross revenue was over $400K.
It's a little hard to make sense of the salaries portion of the report. It states that Mr Kay's "aggregate earnings in the last fiscal year" was almost $81K. It might be that he kicked some of his salary back into the company that year, but Mr Waller, who makes about the same, did not. (As far as I can tell). They were also awarded shares, "issued by approval of shareholders", which is them.
Further down it states that Mr Kay loaned the company a total of $568K, from 2004-2006. Anyway, it's a long and surprisingly not-boring read, sort of a company history.
https://www.sec.gov/Archives/edgar/data/12855...123109.htm
It states that the company has been selling ProtectID and GuardedID with the reseller business model since 2006. In 2009, gross revenue was over $400K.
It's a little hard to make sense of the salaries portion of the report. It states that Mr Kay's "aggregate earnings in the last fiscal year" was almost $81K. It might be that he kicked some of his salary back into the company that year, but Mr Waller, who makes about the same, did not. (As far as I can tell). They were also awarded shares, "issued by approval of shareholders", which is them.
Further down it states that Mr Kay loaned the company a total of $568K, from 2004-2006. Anyway, it's a long and surprisingly not-boring read, sort of a company history.
(0)
(0)
