$1M spent to earn revenues, $2M spent on "executives"
You can't tell me that's not a sign of a problem. The company is only willing to spent $1M on earnings, and talk about a diminished value in that investment over 2014 -- Newelong will explain that traffic arb just isn't the same anymore -- they are almost spending as much to earn the money.
What happens is, you spend so much on traffic and the traffic is so cheap, sometimes fake, it doesn't convert that well.
But hey, let's still give the executives and board of directors $2m for the success of this failure.
Long before the Stock Compensation Expense.... The report looks like shit long before Gregg Templeton got his latest kickback.
