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Ecomike

05/19/20 11:40 AM

#172753 RE: integral #172742

The founder, who was the ex-marketing manager VP of AOL (sort of founder) had trued to take a new CO2 to fuels conversion to market.

After about 2.5 years, they gave up, founder left as CEO, hid as the COB, and they put a guy in as CEO whose Salary was to paid in shares at some good awful discount for $250,000/year for doing nothing.

They tried to run about 6 rounds of scams on it over time, after the main tech idea failed, and I tolled folks for years every time the started pushing it, that it was scam. Still trying to remember the ticker name....

The Golf story is a common one about CEOs puling massive salaries like $250,000 to $500,000 / yr that do nothing but play golf all day, that have no revenue, just an occasional new scam idea..
.

"What does getting paid $250,000 playing golf have to do with anything? Did the company generate that revenue? "

Sorry if my earlier post was too vague.