Replies to post #5951 on NewMarket Technology (fka NWMT)

[equityofficer]

Hey sarge,

You can't say that people didn't warn you about him. You're better off not engaging him (just some unsolicited advice). GLTY.

[Charleoi]

"Lutz does get paid partial payment in stock. This better than paying him cash. "

There are two issues here:
1. It's not advisable to pay in stock...every time you do that you are permanently giving away some ownership of the company that you have invested in.

2. The stock IS BEING GRANTED AT A DISCOUNT. So, instead of paying $40k per quarter by issuing 100,000 shares (which assumes the stock price was 40cents, which it has been on average), Phil pays him the $40k in shares...but puts a value on the shares of 20cents, and therefore even more shares get issued. More dilution.

Get it?