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Sergee10

03/21/23 10:39 PM

#112548 RE: Bubae #112546

Look at the latest fins and go to page 29 or F-29 under the related party transactions and you will see how the company borrowed money from jason in the amount of 299k and what even makes less sense is that they described what the money and how much of it was used for. So the company borrowed 299k from the Ceo and they used it to pay off operating expenses which amounted to 167k . So how and what they did with the remaining 133k that Jason gave to his own company or the ceo of his own company which is one person and not two separate entities, since Jason controls every aspect of the company and has clearly stated in all the fins . So of the 299k that Jason lent and received of which 167k could only be accounted for . So what makes even less sense is that Jason was paid 602k in return for the amount that he lent to his own company. This is beyond unethical and should be looked into . Anyway you look at it , wait let me just say that none of this makes any sense regardless of how you look at it. So looking at Jason’s salary and all the stock options that he awards himself every quarter and then add the 300k that jason gave only to Receive twice as much as he gave to the so called company, it would amount to about 800-900k a year for Jason and his salary. And then look further back into other older fins and you will see the very same thing .