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Re: CashBowski post# 94399

Wednesday, 04/12/2017 10:20:32 AM

Wednesday, April 12, 2017 10:20:32 AM

Post# of 111925
That's absolutely right: my statement is speculation and isn't based on factual information. But until VPOR releases more detailed information on what the general and administrative expenses consist of (which will be never), neither is yours.
To me it seems that they have just added a new row to the financial report to be more precise with their filings. Which in my opinion is a good thing, seems more transparent.

I believe it's a fairly normal procedure for a company to report salaries within the general and administrative expenses section.

Salary and benefits attributable to corporate management as well as any legal staff are also classified as general and administrative expenses.


(investopedia.com)