Trip, If you had been around the last 4-5 years
you would know that no one has lambasted SmarTire for bloated salaries more than I have. Current examples are the top three "salaries" for well over $100K in these dire cash flow times. Past problems were Rudman's "consulting" fee for $10k/mo...absolutely unconscionable. What about those European imports, including Christiansen, that appear to have been borderliners at best. Insiders won't buy stock. I guess they are planning to just issue themselves millions (billions?) more, laughable. Warkentin did state to me that they were done with repricing insider options...past practices sent a very negative image of SmarTire's future stock price.
They have stated start-up orders in this calendar quarter that should be interesting. Voodoo financing must be terminated or SmarTire dies before it can launch. Unless there is a rush to settle by SmarTire, I fear she will be long gone before the patent infringement is ever settled. Not a bright picture but we may see some light down the road...we should tie an anti-collision system into Smartwave because we are driving w/o lights.
GL, Rnel
