Sunday, March 01, 2015 8:55:32 PM
Previously, the only way JB could monetize KRYRON was by the issuance of company stock. Look at the financials where you can see a list of people that BORK issued stock to ... for services. This is a back door way to pay yourself when the stock issued is worth
twice what the services were worth and have the vendor pay you cash
in an amount of 50% of the excess.
Just wonder if any of those that received stock for services were ever issued a 1099. I'd bet the IRS would love to get a list of folks paid with stock.
Sure wish JB would emerge soon so the show can begin
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