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m$teamworkotc

03/07/24 5:25 PM

#87722 RE: Cambreau #87721

yes..just like his GSTC....400k a year he pillages both companies and returns 0 value to shareholders.......
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price_and_volume

03/07/24 5:55 PM

#87723 RE: Cambreau #87721

Annual Financials are fugly, but typical for SHELL.

If the bills and salaries are paid annually in spite of no revenue, could this limbo go on for years to come ?

Nothing is "paid" - there's no incoming funds, or funding, that's been disclosed.

$600K charged for "salaries and professional fees" for each of last couple years.

Everything "paid" is paid-in-shares, cuz there's no operational business or income or cash-flow.

Those shares will be dumped into the O/S when able (when current).
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BigBrains22

03/08/24 2:51 PM

#87731 RE: Cambreau #87721

Yes, revenue in shares. Could go on for many years as I've seen it happen time over time.