This alone is bull shit -- why the hell is a start company paying this much In salaries etc???
"For the six month period ending June 30, 2014, operating expenses increased from $152,848 in 2013 to $494,586 for same period 2014. This increase is mainly due to accrued salaries of executive officers and consultants. Stock based compensation was reduced dramatically as the company is utilizing more convertible debt instruments versus stock,"
Can the company give a good reason for this?
So they can have zero revenue but pay themselves this much?
