Replies to post #42669 on NewStream Energy Technologies Group Inc (NSGP)

[M000se]

Not saying the facts you stated are wrong because they are not mgmt DOES receive nice salaries. It would be wrong though to ignore that even with the ability to cash out, accepting large portions of that salary in stock and also lending the company 0% interest out of your own pocket does in fact provide a little more confidence in the mgmt and the companys future. This stock as jumped many times between 8 cents and 12 cents. They would be at a huge risk at losing alot of money unless they themselves believed longs would be rewarded. So are they compensated only in stock, no, you are correct on that. But this absolutely is an important point that cannot be ignored that regardless of their cash income from CCTI and regardless of their net work people dont like throwing money away. Especially people who are rich because they know how to make money. The fact that they are gobbling up shares right now is DEF a good indicator that there are more positives than we know. Ignoring that is just being emotional.

[FaganAllYear]

LOL
There is a fundamental difference being compensated on paper and actually receiving the cash. That is just basic accounting 101. My post stated that the company still owes them their salary, I did not state that the salaries never existed. I never disputed their share awards. I merely pointed out that according to filings Mr Neary has to date not sold a single share so, management is obviously incentivized to make this company work and not dump stock like previous companies I have invested in. It is simply a matter of fact that yes they have been awarded salary and stock but if they have not actually received the salary and Neary has not sold his stock, that tells me they are hugely invested in the company and not in for a quick pump and dump.

Thank you for providing me the opportunity to explain the difference between “awarded” from an accounting perspective and actually received from a real world perspective.