Wednesday, January 31, 2018 2:00:28 PM
I will try to make this simple. I give you 500,000 shares of a ARTH at let's say it's high .85. Thats $425,000, but not until executed which it never will be and here's why. Because as our board member I also lease your building or land for 30 YEARS at $500,000/yr. Give you a company car and pay all of your travel expenses. Pay you a salary. Provide housing allowance and pay for any company meetings (aka parties). A round of golf with prospective clients is written off as is everything down to the kleenex box sitting on his big fat desk. Now multiply that by at least 10 boards that he sits on.
The shares of stock are like monopoly money anyhow. They have no value unless executed. Executing them would be a red flag for investors so the company officers never execute them. They don't need to. They were given the shares to begin with and they know the share will have no value in the end. The value is to keep the stock going because people like you use real money to buy shares and it has value to you. They could give a trillion shares to each officer and it makes no difference. How would you like to get Norchi's salary for doing what he has done for the past two years. No clinical trials, no application approvals, no new patents, no manufacturing partnership. Seriously, what has he done? I could live quite comfortably on his salary and not even once check on the share price of my stock.
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