GB Sciences Inc (GBLX)

[Silver plated]

So, the company was over 6 mil in the hole. So, they sold LSU. Break even and reduce cost. Now, the sale of upto 75%. But, when you look at just the two executives salaries they are spending over 1/2 mil. Not, including board members $25k per year. I guess they better start cutting salaries fast before the R&D part of GB is sold off to. As, there burn rate even with the selling and influx of cash gives them less than 2 years before they are in the negative again.