InvestorsHub Logo
icon url

schmike

12/02/10 10:54 AM

#19590 RE: Cast Iron #19589

Cast Iron -- was looking through that statement. I see what you are talking about, and agree with your assessment. One thing that I am unclear about, however, is was that amount basically for their salary? Reason I ask is that higher up in the report it states that Lovatt's salary is $0 and that Jenkins' salary was $2000 for the period.

If that was their way of compensation for the past few months since they took over, it doesn't really amount to that much, IMO.

Assuming they split it equally, that's $22,250 each. They've been in control for what, about 5 months????? If so, that doesn't really equate to that high of compensation.

Am I seeing this totally wrong???? TIA