InvestorsHub Logo
Followers 122
Posts 43826
Boards Moderated 1
Alias Born 09/06/2012

Re: Welcome2Pinkyland post# 52692

Friday, 01/20/2017 3:13:13 PM

Friday, January 20, 2017 3:13:13 PM

Post# of 57329
Ouch! So scam company YIPI paid employees, directors and consultants a whopping $3.6 million in only one quarter, when revenues were only $280,000?

This is not good and certainly not a way to run a company!

not surprised though

and why is this not surprising?

because this is what scam companies do!



LOL. Not a cash loss- just a one-time charge of $3,589,630 for employee stock warrant grants rather than accrue charges quarterly.