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threadworth

01/14/15 1:12 AM

#16618 RE: Panzer_Is_Back #16616

We're all just hungry for news. Feed the chickens!!!!!
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Trained Monkey

01/14/15 7:27 AM

#16628 RE: Panzer_Is_Back #16616

George has been taking a salary, in addition to the shares he receives.

PG 46 last 10K - http://ih.advfn.com/p.php?pid=nmona&article=64493355

"The Company recorded $106,730 in salary and compensation - officer for the reporting period ended September 30, 2014."

In addition, he gets 4M shares per year, or a million per quarter.

$106,730 plus 1,000,000 shares is not a bad quarter. Value those shares at .08 and it's $186K. Not unreasonable. And lots is tied to the company.

But don't say he's not taking a salary. It's in the filings.

TM
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OccamRazed

01/14/15 8:50 PM

#16655 RE: Panzer_Is_Back #16616

You misunderstood me. And instead of "wake up", use the German word "aufstehn", it fits your MO better. Why would I sell now? I'm not. Why do I think they are immediately going to dilute millions of shares? I'm not. Why do I think George is shady? I do not know him and can't possibly make that judgment. I was simply rationalizing what this company looked liked with an os of 750m, and comparing it with mjn@ to see how it looked. I'm here to gamble, and still very much like my odds. This play is just irritatingly long. GLTY