InvestorsHub Logo
Followers 64
Posts 8885
Boards Moderated 0
Alias Born 01/05/2009

Re: MichaelMir post# 30125

Monday, 02/09/2015 10:37:27 AM

Monday, February 09, 2015 10:37:27 AM

Post# of 32583
You don't know that for sure nor do I but something is fishy as to how much someone paid them selves and what they did with that money. The thing is if you are the buyer of a company wages to the executive is just as important to how much the company is worth as the bottom line. The executives are liable for the debt not the company if the courts where to decide that compensation relative to the work accomplished.


Granted you can't get blood out of a stone should they buy them selves a fancy home and destroy it or have market conditions take the value from a home or classic car that was purchased and this is where speculation comes into the picture as to how good a custodian of company property they where.