Replies to post #11238 on United Communications Partners Inc (UCPA)

[naturalborninvestor]

"their increasing revenues should have more than compensated for that" IF margins hadn't declined! We don't even know if they take out a salary. All we know with certainty is that Niclas and Carl are compensated through related party transactions to company controlled by them. If those transactions are replacing a salary or are additional to a normal salary is unknown. The related party transactions are treated like a salary as part of operating expense.

Compensation to founders through related-party transactions

2014 (till Sept 30th)
Niclas $175,212
Carl $ 135,727

2013 (full year)
Niclas $187,282
Carl $185362