Friday, August 04, 2017 11:15:18 AM
As devils advocate, he is now pulling in around $2.5 million annually from salary ($500k) and interest payments (almost $2 mil)...when the company has yet to show a profit. That's far from ideal for a small cap that hasn't shown a profit.
Would prefer he convert all the loans to stock, then he's really all-in. That would wipe nearly $18 mil in debt off the books and reduce interest payments by almost $2 million. Also would likely equate to profitability.
Coinllectibles' Subsidiary, Grand Town Development Limited, Acquires Rare Song Dynasty Ceramics Worth Over USD28million • COSG • Apr 18, 2024 8:03 AM
ILUS Provides Form 10-K Filing Update • ILUS • Apr 17, 2024 9:54 AM
Glucotrack Announces Expansion of Its Continuous Glucose Monitoring Technology to Epidural Glucose Monitoring • GCTK • Apr 17, 2024 8:00 AM
Maybacks Global Entertainment To Fire Up 24 New Stations in Louisiana • AHRO • Apr 16, 2024 1:30 PM
Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • BLOZF • Apr 16, 2024 8:52 AM
Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • KGKG • Apr 16, 2024 8:30 AM