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SeaOhToo

05/29/11 8:06 PM

#8887 RE: Realityhurts #8886

"Accrued salaries are basically management investment and belief in the company, it can actually be a plus." Hummmm....


I guess I will have to review the basics of financing again...maybe you can explain why, Dan Cooper has 15 million shares, the wife has 5 million shares and the brother-in-law has 12 million shares. In addition accrued salaries of $402,500. All this with a annual sales history of $73,000.

An internet based company gone public with person debt of salaries for the last 3 years. You would think they have a real company by now.

Reality is....this thing is not worth .03 with a market cap of $3.4 million! No assets and loaded down with personal expenses. it will be sub-penny within 6 months....