It`s interesting that a CEO that consistently spends $10,000 a day on operating expenses, finds a $10,000 fine by the SEC too much to pay to get relisted. He is the CEO. The company web page says he is also the treasurer. It was his failure that caused the penalty. What`s the problem?
The SEC didn`t create this rule just for ITKG. Doug, or people working for him, should have known the rule existed long before THEY let THEIR FAILURE occur. $10,000 a day operating expenses for this handful of employees?
Hey, I`ve got a great idea.....why don`t you give yourself some stock in lieu of pay....and pay the fine with the money you save. Don`t you think you owe that to your shareholders that voted in that 100 MILLION authorized share increase just a few months ago!!
Thin
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