PositiveID Corporation (fka PSID)

[WG1mil]

Check out the compensation of the execs of this company....

Starts on page 37. Over 2.2 mill a year in 2016 paid to execs....


Revenues of 5.5 mil... so 35-40% paid to the top 5 employees.... and they show a loss on the year.... I believe their salaries are reporting under (cost of revenue - taken right off the top before expenses)

Read page 16... section titled 'we have a history of losses... - says profitability is pretty much not possible - which makes sense based on those salaries...

This right here just deterred me from this company. I personally take this as that their intent is not to grow the company and reinvest profits to build it. This company is happy with their size right where it's at as long as the top 5 employees get that much compensation (top 2 of earn 1.835mil)

GLTA I hope it takes off for all invested. I feel I dodged a bullet today with my order not being filled. Review the 10k for yourself to make your own investment opinions.