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Re: SILVERSURFER4263 post# 15538

Wednesday, 08/10/2022 10:24:37 AM

Wednesday, August 10, 2022 10:24:37 AM

Post# of 26160
Back in February 2021 when Alpeter left the company, there was a random $430K+ in cash which he took as his compensation of the company, immediately there after, James Katzaroff took over the company and tried raising $500,000. Without going into the fine tooth and comb, he was only able to raise $135,900 of the $500,000, currently that looked like it was used to pay down some notes that were coming due. I would expect Katzaroff and his buddies would take a salary at some point but I honestly do not see what you are saying here. Since Alpeter left, there hasnt been a ton of free cash in the company other than what JK raised.
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