Finjan Holdings Inc (FNJN)

[Ecomike]

LOL, make me laugh again, that was a good one! THANKS!!!

this company is on the right path to becoming profitable,

Now

top executives taking pay cuts

Prove that the CEO himself actually took a pay cut. No where does his PR say he took a pay cut (or how much)!!!!! He and his cronies just passed a bylaw (or contract) in the last annual meeting or near that time (See the SEC reports), where they made sure it would cost the company about $3 million in cash just to fire the CEO and his brother if the convertible note holders decided to vote him and his bunch out of office, right after they converted the notes to shares. That may be partly why all the shares got dumped?

Sales were down the last month and quarter, not up, and the prior 2 years they had 45% growth rates in sales. Now it has turned down? Right,blame it on the weather, LOL. I suspect they cut back on sales staff, and promotional efforts as they ran out of cash needed to advertise!

This CEO has lost over $50 million dollars for Investors over the last 5 years, with no sign of a turn around. The Proforma financials used to convince investors to buy him and his buddies out of Terra (It was a private company they owned), showed that they expected about 5 million dollars in Terra sales by now, and so far it is zip, squat, nada, nothing, ZERO new sales for Terra!!! The idea was that the COIN name behind Terra would close deals. They were wrong! They failed miserably.

I say put the Exec staff on straight commission and send them out the front door to go sell something!