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Re: None

Monday, 03/17/2014 4:08:38 PM

Monday, March 17, 2014 4:08:38 PM

Post# of 8299
If anyone has not yet figured out this company and the main purpose of their existence read this from their just published 10K.

Personnel costs increased approximately $551,000 for the three months ended January 31, 2014 compared to the same period in the prior year.
The increase was due primarily to increases in headcount including the Chief Executive Officer, and executive bonuses paid in cash and stock.

To save some time doing the math that is an annual increase of just around 2.25 MILLION Dollars in personnel costs. This is for a company that has NEVER had a profitable quarter let alone a profitable year in some 20 plus years of existence.

Ah, the smell of salt air
and the touch of gentle winds.

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