That’s not true. First of all, they bought an insurance company that has 2017 revenues of $905k. The proposed salaries for the CEO, CFO, and President are $420,000. That’s not out of line.
They are going to use the Reg A funds to buy small railroads. Read the document. It says all of this in there.
It’s a roll up and consolidator play. Could be big. I bought some yesterday and will buy a bunch at quad 5.