From my experience, just because the salaries are listed in the filings, it doesn't necessarily mean they are collecting them. I know many other microcap companies just like these, and the executives have barely been paid.
Further, most microcaps are started by an entreprenur who probably has a large stake of his or her personal money in the business. They are risk takers who have a vision.
That’s not true. First of all, they bought an insurance company that has 2017 revenues of $905k. The proposed salaries for the CEO, CFO, and President are $420,000. That’s not out of line.
They are going to use the Reg A funds to buy small railroads. Read the document. It says all of this in there.
It’s a roll up and consolidator play. Could be big. I bought some yesterday and will buy a bunch at quad 5.
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