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songbirdia

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songbirdia

Re: MuchCompensation post# 56430

Thursday, 08/28/2008 7:14:59 PM

Thursday, August 28, 2008 7:14:59 PM

Post# of 86716
Interesting point, MC.

To continue to operate, the company needs funds for payroll and other routine expenses. They have 10+ employees and I would reckon that salaries would be at least $50,000 per month. If they have no revenues, at the current share price they would have to dilute quite heavily to raise the funds they need.

The O/S and A/S have been the same since Aug 1st.
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