West Coast Ventures Group Corp (fka WCVC)

[PennyHoper]

That's a question that presumes its answer.

Usually startups don't sell stock directly to the general public -- meaning they don't get your money -- but they sell to institutions, so the institutions' money went into Nixon's 5 restaurants. You gave your money to the institutions when you bought their shares (and possibly shares of other retail traders).

Nixon pays himself a salary, but companies that (naively) turn to, and then get raped by, toxic lenders, typically don't see kick-backs from those lenders (i.e., money funneled back into the pockets of the likes of Nixon with deliberate nefarious intent). The toxic lenders put their profits into their own pockets at the expense of the companies they exploit. That's why the relatively recent spate of judgments against toxic lenders -- behaving as unregistered dealers -- levy disgorgement penalties on those lenders (penalties that include forking over profits, stocks still being held, and an assortment of instruments that can be converted into stocks).

Those judgments aren't against the stock-issuing companies.
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But the question for you is: why did you pay money for the stocks you bought if you now object to your money going into NIxon's restaurants and/or toward his salary? Where did you think your money was going?