Unbelievable the two employees Tony and Gerry went through MORE cash in second quarter than the 3 employees did in the first quarter.(Not counting the $ 250,000 paid to Dadon for the "option")
Ended second quarter with no money in the bank and a $ 159 overdraft charge it appears. Tony had to lend the company $ 20,000 to make it through the second quarter.
With no word on Tony's 1.1 million dollar funding mentioned in June, one has to wonder who's been paying the bills in July and August. Could this be the reason that website is down again?
The funniest thing is that valuing the "option" at 16 million plus allows Tony to say there is over 2 million in stockholder's equity. Got to believe that this "sleight of hand" should be illegal whether it is or not.
Really hard to believe anyone could be as slick as Tony, isn't it?
Still no answer on who the "individual" who loaned $ 300,000 against GSTY's land is? Wonder why. Anyone believe that it is anyone other than David Dadon? or possible Tony?, or both?.
Still no hint as to what Tony and Gerry are making in salaries or any reference to what stock or nickel options that Tony and the directors have received.
Its Tony Time
