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Re: turokman post# 79481

Friday, 08/04/2017 11:15:18 AM

Friday, August 04, 2017 11:15:18 AM

Post# of 80866
Agree, but I think he's actually put in close to $18 million? That doesn't even include the several million he invested buying shares on the open market.

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.