I posted it...don't need to read it again.
I understand how you reached your conclusion, but the language isn't as clear to me as it is to you.
These statements, read separately, could lead to different conclusions:
1. "....Mr. Berman has received no cash compensation. Mr. Berman has not received any form of compensation as a result of our limited cash flow;"
2. "Mr. Berman has agreed to accept stock and stock option awards as his compensation until such time the Company has the necessary resources available to provide a traditional compensation plan."
If statement #1 was completely true there would have been no need for statement #2. Statement #2 says that he has agreed to accept the type of compensation that he hasn't received according to statement #1.
BUT my question for oilywankanobe, who doesn't agree with your conclusion at all, remains unanswered. If he acknowledges that there's no support for this I'll be inclined to agree with you:
"For the record Berman does take stock, it's hidden in the filings under BOD compensation. The commons need to understand Berman get $1,500.00 per week which is nothing until you take into account he receives them @ Par value which is .001"
The question remains....How is Mr. B getting by?
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