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Alias Born | 03/03/2021 |
Friday, March 12, 2021 10:31:29 AM
There's a Summary Compensation Table
SFOR's 2019 revenue was $768,000
The CEO's 2019 salary was $153,279 (~20% of yearly revenue)
I'm ok with these numbers.
I'm also not concerned about the poor historical performance. It's certainly not a positive on the balance sheets, but there absolutely is value in the experience and wisdom gained from struggling through a competitive marketplace for years and how, for some people, repeated failure can be a powerful driver and motivator to find new ways to succeed.
This management team seems resilient, they've been open and honest about their challenges. I like their products, how they've structured the company's financial for the future, and I like the strategy going forward. I'm in.
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