Replies to post #46814 on Mesa Home Resources Inc (MHRE)

[wallymac]

Salaries need to be accounted for. If you look further in the financials you will see Deferred Compensation of all but $38,124.

The ideal that the people that are not only building this company but have put their own money into it to make it happen, shouldn't be compensated for their effort so that people that bought stock on the public market benefit, well is absurb.

Keep in mind that you, I and all who bought on the public market didn't put one dime into the coffers of the company. Unless someone buys a private placement or actually funds the company, the money being made goes into other investors pockets, brokerages for commissions and MM's.

IMO, the company has been doing the right things to grow the business and make it a success. Real companies take time to develope. Scam put out BS PR's and make some rich in short periods of time and others poor.

Fargotube is growing expotentially right now. It is also responsible for the contract with Ditto Music that will also create recurring revenue.

It's going to take some time but in the end I am certain that the market will catch on and we will all see the rise in the PPS that we have been waiting for.

[jderaney]

You are recording the expense but there is no cash outlay which is what is important right now. The salary expense is accrued as a liability but you are not burning the cash.