Okay, I know many are upset about the smoke and mirrors, he said she said and lack of substance with the financials, oh and the O/S, the preferreds O/S, lack of NI, disappearance of some of our oil companies from the corporate flow chart, moderators leaving, moderators staying, the fact that I'm so darn good looking etc etc, but if we could dare set that aside for one moment, let me ask you all 2 questions pertaining to this compensation to Paul? (And man I'm an idiot for opening up the attack, but no one seems to want to address this)
1. If you were the CEO of a multi-million dollar holding company, what would you expect for compensation annually?
Now let me re-phrase.
2. If you were the CEO of a multi-million dollar company that wasn't paid for close to 5 years while trying to bail out a sinking boat caused by a capital funding fiasco and then had to pay for 3-5 years of court costs out of pocket while personally leveraging yourself to the hilt and even loosing your own house and having to live in the guard shack of a defunct gravel pit would you expect to be reimbursed by your company that now seems to be at least some what profitable (though the equity financing might appear to be a bit toxic)?
Look, Paul might be Judas. I don't know. Maybe he is as he certainly pisses me off with how things are going. But just keep in mind that right now several gurus are claiming this and that negatively while silently buying a larger position. After all, that's their M.O. and how they earned their membermarks. And no, I personally don't put Coydog in that group.
But just because you are like me and are pissed at the out come of the last few days doesn't mean you have the right to be stupid on this $100K a month deal. It's neither out of the ordinary nor criminal in any respect for a CEO to do this. In fact, most CEO's have to leverage their house, or pay for things out of pocket on the front end start up. It's the risk of going out on your own and sadly, most of you will never have the nutts (ladies please forgive the language) to do that as you take your daily paycheck sitting at a desk that someone else bought in an office that someone else pays for and wait for someone else to take all the risk in life for you. You know, your boss or company owner/founder...who you hate...that guy.
So please get a grip. If you want to be upset about something and cry foul, at least do it for the right reason.
Sorry, that was a little strong, but having been in a similar situation to Paul, this touched a nerve.
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org
