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TRUISM

04/18/23 5:39 PM

#258734 RE: jealmc79 #258732

Thank you.


Again, what were his accomplishments for last year? How much money did the company bring in? If that ain't lining one's pockets, I don't know what is.





TRUISM
Bearish
Bearish

arachnodude

04/18/23 5:43 PM

#258735 RE: jealmc79 #258732

Now, where is the Forensic Accounting data which shows the trail of where that money went? The baseless accusations are the money is "lining the CEO's pockets." This may be the first year it actually has. I don't know? In previous years where'd it go? Weren't there loans made to the company from a "principal stockholder?" Who might that have been? The CEO loaning money back to his company to keep it afloat is a bad thing? If it can't be shown unequivocally that the money is actually "lining the pockets" of the CEO, then the claim shouldn't be made. IMHO.

If the "Net Cash Proceeds to KT for 2022 are $594,499," to me, yes, well-deserved. $594,499 divided by 17 years, comes out to about $35,000/year. After deferring his salary for so long and loaning the company money prior to, during, and after deferment, to keep this Spider Silk train going, yeah, it's about time he gets paid. And handsomely. Although, we still have to divide that number by 4 for the number of positions he holds (CEO/CFO/Director/President). That comes to around $150K per position. We got this dude on the cheap! But the rewards will have us laughing at all this when it comes. AF SLAM DUNK FUNDING will help A LOT!!!
Bullish
Bullish