Argyll, to add...
Generally speaking, a company wants to pay salaries and expenses from the Revenues generated from the company. If the company was only generating but so much Revenue at such time as the $135,068 for the year ended 7-31-08 as you mentioned, then the only options are to not pay anything or to simply offer using shares to pay the salaries. I guess he could have taken money out of the $125 million that he sold his private company for to pay salaries and expenses, but that would not have been right considering the reason for existing as a public entity.
From some DD that I have previously done privately and publicly, I don't think that they have any more money issues. I will call the company to verify just to see what they say, but I am humbly asking that you also call the company too and ask some of these questions to see if what we get is consistent.
I really do think that something major is about to be released here in the next couple of weeks or so or less (give or take). Only a guess.
By all means, I am very new to CINT so I don’t want to seem like I’m defending the company dilution trend that had transpired in the past, but I do think that any dilution that happened in the past is just that… in the past. I think CINT will transform to be an investment and not a trade. IMHO
v/r
Sterling
