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Re: Euripides90 post# 12151

Tuesday, 09/23/2014 10:55:27 PM

Tuesday, September 23, 2014 10:55:27 PM

Post# of 60952
This is from another company they managed (but not as solely as this one) back in August 1999:

http://www.docstoc.com/docs/21727982/Prospectus---RAE-SYSTEMS-INC---8-19-1999

does p. 4 sound familiar?

"While we have incurred significant losses since our launch, traffic to our site has increased consistently, with growth of the subscriber base..."

Read pp. 63-65 ff about a shareholder lawsuit against some company figures including Robert and Dean Rositano, heard those claims B4?
(involving Nettaxi)

At this time in 1998-1999, Robert and Dean Rositano each had executive compensation of $125K/ year with 10%/ annual increase and were eligible for bonuses of $50K. (p.70)
-- Now that they are the top dogs of this dog-and=pony show they neatly doubled all that, well you know, there's inflation 15 years later, and major deflation of the silent shareholders' investments.