Wednesday, March 15, 2023 1:59:57 PM
"New additions to the management team are also forthcoming"
They'll need to put in a management team who understands the requirements to be on Nasdaq. I think the above statement reflects their acknowledgment, that this needs to happen.
The current team hasn't been taking paychecks and when you see that, it means they "know what they have". There has been an issue with notes set up to recognize their efforts but I'm not seeing direct payments. Other than this:
on page 13 of the latest filing they noted that $52k had been paid to related parties
they also note that "Due to related parties (Note 7) $812,042"
when people related to the company, take notes instead of cash or stock...what should that tell you? Whether they are right or they are wrong, they believe in where this is headed.
All of us have put money into companies that generously reward their Executives when those same executives have produced nothing.
This group has skin in the game, pay attention! IMO
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM