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Saturday, February 21, 2015 2:12:26 PM
1) 10-Q' are NOT AUDITED, so that is incorrect right there. It says so right in the 10-Q, "un-audited". Only the end of yr 10-K is ever audited.
2) NOWHERE in any 10-Q, let alone the 3 qtr 10-Q does it list, say, state or anything to the effect that CEO Tomas only received a supposed $47K total in pay?? NOWHERE.
What page of the 10-Q is this imaginary statement on? What page and the exact wording? IT DOES NOT EXIST and is not "audited" which means BS right there.
Pure MYTH that this CEO is "working for free". EVERY YEAR the SEC filings have contained an executive compensation table and every yr at least since 2012 the CEO and CSO are shown receiving very large pay increases to not only their base pay rates, but also large cash bonuses. AND NOWHERE, NOWHERE in any SEC FILING does it indicate they are not being paid those BOD approved salaries and "other" compensation. PURE MYTH.
WHY would the BOD approve raises each yr and why would the company furnish a EXECUTIVE COMPENSATION TABLE, a detailed one, IN EACH SEC FILING- if those executives per some myth are supposedly not being paid yr after yr? WHY would that table be in the SEC filings and why would the corresponding expense line entry for general/Admin expenses be seen rising proportionately too? Why?
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