viper, I am defining failure as not able to have g
Post# of 17862
Posted On: 05/30/2014 10:18:09 PM
viper, I am defining failure as not able to have generated revenues by now. I am the one who kept saying the company is on the beginning of the learning curve and would be slow. But, imo, they have failed to produce $1 of revenue 6 months after their pr's, etc, indicated they were about to started harvesting trees. Add to that, the O/S doubles in 3 months. Again, I expected some but, looking at the high volume days between jan and march shows they went through a ton of money. And what do you think they raised it to over the last two months?
And I disagree on the 10k/months salary. Again, the company rewarded at least Sheldon, for not getting the job done. the 350 million shares is about 1.6% of the o/s. a lot but if locked up for a year or two, ok. But the salary should be 50% of that until revenues come in. All of the people in himr at this time should not be making a bloated salary. They NEED to be hungry to make it work. 10K/month doesn't do that.
And I disagree on the 10k/months salary. Again, the company rewarded at least Sheldon, for not getting the job done. the 350 million shares is about 1.6% of the o/s. a lot but if locked up for a year or two, ok. But the salary should be 50% of that until revenues come in. All of the people in himr at this time should not be making a bloated salary. They NEED to be hungry to make it work. 10K/month doesn't do that.
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