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Re: yerboss post# 137762

Thursday, 03/21/2019 10:43:30 AM

Thursday, March 21, 2019 10:43:30 AM

Post# of 191990
That's because there was no salary to take, no revenue. His hand out to himself of free shares, was pretty generous, what that did was borrow more future money from shareholders that paid for shares. So everytime people brag about him buying shares at $1.43, I cringe a little, because it misrepresents the situation. Additionally, the number of shares he presented himself, at that price was small compared to the total he acquired virtually for free to begin with, thereby averaging nicely for him, diluting for invested shareholders.
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