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Wednesday, August 05, 2015 9:42:40 AM
Mr Cola, President and CEO of Sigma Labs, may not be acting maliciously and may truly believe in his company, but he seems to be making out quite well regardless of what returns investors may be experiencing. With a 2014 salary of $172,000 and a bonus of $175,000, Mr. Cola cleared $347,000 in 2014 along with his shares currently valued at $2.8 million.
Mr. Cola also seems to want to distribute the wealth to his family as well. As of July 25, 2014, the Company granted to Amanda Cola, the Company’s Business Operations Manager, 2,000,000 shares of common stock (valued at $258,000) and an annual salary of $90,000. So the Cola family has managed to clear just over a half a million dollars in 2014 and investors are left with nothing but more promises.
Quoted from "Nanalyse" April 2015
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