"If you read publicly obtainable SEC filings, Klann has lent his own personal money to BFRE. In the 10,000,000 range. He wouldn't do that for a 200k paycheck. He believes in the company and his ability "
No, your broker is wrong.
Arnold lent the company $200,000
that's it. The rest are closed out lines of credit.
He did pay his other company, Arkenol $1,000,000 from Bluefire
which IS 100% owned by him and family. License fee. Gotta love that piece of nifty work.
Money went from the Corporate Bluefire account into his pocket.
BTW at 10,000,000 he could have bought back the company and go private...
But that would be killing the goose that lays his Golden shares...
Also, Klann family owns 25 million shares which is 9%
You claim you own 9% which would put you at the same.
So you ought to get in there and get a salary like them, at least that way you'd be with the "in crowd" and be one of the rare privileged people to make a living off this stock.
