What some of us were saying all along:
- When Hirsch came in he increased everyone's salary by almost 100%
- Pignitz was rolling around in newly leased 5 series and we don't know who else
- Expensive cigars and trips
They knew the loan was garbage, but they had their eyes set on money that they can use immediately and not build the business and profit from success, imagine getting over 100k/yr and not even lifting a finger, nice slush fund no?
Pignitz and lying Hirsch knew what they were doing, like when he said there will only be official communication and that's it, they nurtured shareholders to sit quiet and trust these pathetic scum and expect no communication while they were spending the 5mil on themselves and occasionally replying to emails on how hard they're working or rather, how hardly they're doing any work.
I'd like to thank Milo and Bruce for stepping up and continue battling for shareholders, maybe there's still hope to get some $$$ back here and turn the company around.
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