CEA Industries Inc. (CEAD)

[goodgodyall]

My initial reaction to the annual report is disappointment. After reviewing a few days it seems my expectations were simply too high. I had a nominal position on SRNA for over a year but bulked up in late March thinking a breakout report was inevitable. Most disappointing is in the 2nd or 3rd Q more money will need to be raised to keep operations afloat. I thought the cash raised in Nov 2017 would get thru 2018. Instead it seems all the revenue went to salary compensation. Is all this a matter of paying off previous (mis)management and cleaning up the balance sheet? The report is heavy on caution and light on optimism. I'm not looking for a pump'n'dump but if the plan is further dilution and employees past and present are going to split up the revenue that is awful. I'm anxious to see how the 1st Q lines up, presumably due out in mid-May. Can anyone explain why all the revenue is going to salary compensation?