Replies to post #77787 on Bots Inc (BTZI)

[cashbyers]

I'm still long for this reason

So there have been significant gains in reducing stock based compensation with further gains promised in future quarters. There is substantial growth in store for this company as construction revenue kicks in this quarter. There will be even less need for stock compensation in the future and the impact will be minimized as the share price increases.

But also concerned for this reason

There's daily downward pressure on PPS as a result of issuance of convertible shares for operations and stock based compensation, and no prospects of near term fundamental change to affect this pattern -- plain and simple.

Judging by the ridiculous expenditures on .biz domains, and hefty compensation packages awarded to Hawkins, Sassano, and notes due to Paul, and even the attorney

[marathon man]

168,000 in stock compensation in the last quarter? That doesn't even count their base pay.... What did Mcig get for the stockholders money? Dyck thats what.... Too funny!

[CashBowski]

Well, since they already booked a full year's salary each, then you're technically correct and we won't see the next $120K ($240k combined) for Paul and Mike and whatever was paid to Sasanno (I have to look up his contract, if there is one) until April 2017. They do however still continue to convert those shares with a 15% discount.