I can see why many people question this amount. That is $350K of the investor's money, well over a quarter million dollars, solely for the base salary of just two people in the company. The company isn't making money and they chose to take more of a salary then when they founded and ran an Emmy winning technology company.
I'm going to have to disagree here. New York City and Los Angeles are big cities and many start up company CEO's take in half that amount and live very comfortably.
The stuff you are describing, with the stock offering rewards, would potentially take years to happen. Right now Legion M is doing middleman type deals and is no where close to being it's own production company. Sorry, but I am out. Major red flags here. I think the CEO and President pay themselves way too much from the investors' funds given the current company size and P&L.
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