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Saturday, March 15, 2014 10:28:02 PM
So despite the fact he has put 1.7 million of his own money from his private company into building this public company, and does not yet draw a salary, you don't think he deserves to cash in a few shares to help cover his personal debt incurred thus far given the significant progress the company has made? Really? The man deserves to be paid, or at least be able to pay back some of his personal debt along the way, incurred from building this company. That was the only reason he sold a fraction of what he owns and stated there would be no more since he only had to cover some personal debt. To think otherwise is ridiculous and truly illogical. Shares are for selling, and he has every right to. He has not said, nor done anything wrongful or false.
Maybe you should look up a few definitions to help understand better: public company, shares, development stage. That may help you understand what the purpose of a public company is and what the shares are for during a company's development phase. It's not brain surgery.
FITX
All of my posts are in my opinion only, formulated from the publicly available data and information, and are not meant to be investment advice in any shape or form...
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