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Re: skietz post# 54265

Wednesday, 11/12/2014 5:38:42 PM

Wednesday, November 12, 2014 5:38:42 PM

Post# of 62024
So ok, let's take a more optimistic number $60K average salary of all employees including executives add $30K for benefits and Taxes / Social Security, etc. That's $90K per headcount or about $1 million dollars per year in payroll.

Still that's greater then all collected revenues this year and the bulk of the revenues are coming in the final two quarters. My point is the company must raise funds outside of revenues to pay it's bills. I'm not saying that's bad thing, just a fact.

The entire point of this discussion was to answer a poster's question of where does the money go that's being raised through dilution. Answer: to run the company.