DOES NOT include recovery and return on amounts invested. The investments are properly separated from the compensation and consulting fees in the filings. Some of those amounts have been converted into stock (notice his stock totals keep rising) and part remains in the form of debt earning interest.
It also does not include loan guarantee fees and bonuses.
This is supposed to be a startup but the CEO's compensation would comfortably put him among Fortune500 CEO's
$600 k is ridiculous plain and simple. It's selfish. It's greedy. It's a bad deal for shareholders.
If the CEO had confidence in his own company, he would defer to the owners of the company and allow them to profit first. In the military, the enlisted eat before the officers. This guy eats and has second and third helpings before throwing a few crumbs to shareholders.
Value his holdings over any period and compare them to a similar shareholder investment over the same period. It's an eye opener.
Shareholders have suffered losses for years. The CEO and CFO have lived well over that period, paid for by shareholder dollars.
BTW, you referred to RHL group as an "investor partner". I don't see any business references to RHL anywhere else other than MMRF. If RHL isn't the CEO himself, then who or what is it? What "consulting" do they do for MMRF or anyone else for that matter. How can an indivdual be both a CEO and a consult to a company he is CEO of??? Makes no sense
News 
Market Data 
Discover 
