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Monday, October 07, 2013 9:46:25 AM
EDXC is chasing the latest, hottest sector throwing whatever they can at it hoping something will stick.
What they are looking for is a revenue producing company with solid news that they can acquire or work a deal with to get volume into the EDXC stock which they lack and dump millions of shares of stock. A up and coming company like BiotrackTHC that has lots of meat on the bones.
The Acquisitions up to this point have been for fringe companies that aren't really making any revenue just mimicking the successful companies that are the real leaders. They are what I call bones and scraps, for the most part worthless IMO.
I've been in this game long enough to see what is happening and what they are going after. As far as accrued Salary of $857k for the last 4 years of as you say building a company. The CEO was not building a mj company over the last 4 years. He was in Solar energy and video compression. By the standards I use he doesn't deserve a dime for his failed ventures. If anything he owes the shareholders of PANA and the employees and owners of the failed companies he acquired.
How can you honestly justify paying someone for such losses and failures?
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