Takung Art Co Ltd (TKAT)

[cashbyers]

Looks like investors took the increase in S&GA negatively on the newest 10-K. 50% of revenue to be exact. Increase in stock based comp to 500k; salaries, office space, rental, traveling,

Net income was only slightly more than last year.

I wonder if management is taking a little more for themselves then they should be.. however I do see CFO Leslie getting that lower. Annualizing next quarters SG&A expense will be a good indication to see if the trend is actually moving in a better direction.

Going to be sizing in small early next week.


GLTA
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