Friday, March 27, 2015 10:58:24 AM
You could check for yourself, but if you review the financial statements if I recall, don't they state that related parties (management? CEO, right?) have loaned the company quite a bit of money at what turned out to be very high interest rates? So of course, the "company" issues equity (stock) to pay its debtor(s). Right? Meaning, shareholders are paying management & they don't need a salary. If you can live off of loans or equity issuance, you don't necessarily need a salary.
That's my understanding of it, if you know otherwise & can back it up with facts that'd be great. Nobody should rely on someone else's understanding but look for themselves.
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