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The Form D says that Arista is raising

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Jersey Dude Member Profile Jersey Dude  
Saturday, June 16, 2012 6:47:04 PM
Re: wakl post# 6016 Post # of 6128 
The Form D says that Arista is raising $1.5 million. $250,000 is for officers and directors. That means $1.25 million of it is going towards producing products on sales that the company is making or has made. That's the real story here - that "only" $250,000 is needed to pay officers and directors is a pretty good thing for a company at this stage.

Are the officers supposed to work for FREE? Of course not. There are five of them at least (that's how many are on the website, there could be more). This $250,000 amounts to $50,000 each (I know that they don't get paid equally). Not as extreme as being portrayed.

Sounds to me like they are turning the corner. Finally.



Arista Power, Inc. (ASPW) Stock Trading Info:
Arista Power, Inc.  ASPW Stock Quote Arista Power, Inc.  ASPW Stock Charts Arista Power, Inc.  ASPW Financial
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