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TheBullTwit

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TheBullTwit

Re: Traderfan post# 41193

Wednesday, 02/06/2008 1:07:23 PM

Wednesday, February 06, 2008 1:07:23 PM

Post# of 72323
One more thing. Can anybody tell me how the company can finance 55 employees with 400k in sales??? Hmmm.

By selling restricted stock at .17 a share
and putting your own money up front.

55 employees Salary AVG $50,000
+ Benefits = $100k/yr * 55 = 5.5Million

+ Costs of Hardware
+ PR
+ Real Estate

= 10 Million a year maybe?

I bet the sold a whole bunch of restricted shares at between .25 and .50 and then $5M dollars more at .17. Maybe that covers their expenses ?
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