What category does John Valenti (Project Manager) fall into while being singled out for praise ?
He could be an Independent contractor or a paid consultant and doesn't haven to be reported as an employee. Bigger is doing all the financials and paperwork shuffling. Maybe he has a secretary or brings in part-time help.
The CEO and BLUM make 390K plus perks to operate out of a 350 sqft office of which they pay rent of $700 plus the sublease loss for State st to the tune of $1500 a month! Fixed costs even with all the staff cuts and space reductions won't go much lower as legal is legal and the licensing fee is ballooning and approaching one million next year.
All employees should be paid in stock until they have sales or secure some solid financing rather than this piecemeal note raises that suck equity out of the company. A legitimate company, with good prospects, would have lines of credit that its potential customers would help them secure if they really were that interested.
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