A few years ago, when JS came back to WLSA, he promised shareholders he would not take a salary and that he would work for free becuase he personally felt he abandonded the shareholders. He was not obligated by any kind of law to do this, but this is what he stated. A few months later, he gave himself a salary, and then even backdated his pay to his original date of re-hire. This was all after he told shareholders he was not going to take a salary because he felt bad he left us to the Paulos Bros.
Also, I think within the past year or so, he received a salary of approximately 200K. Don't get all definsive and ask for links because I will not do that. If you don't believe me, that is fine. Just ignore this post. Look it up yourself. I am just calling you out for saying JS has not made money. If you are really keen, you can go ask the crazies on the ivestorvillage board. I think they used to call themselves the "knights of IV" because they banned together, pooled their shares (or at least counted the total number of shares they owned between all of them) to stop the firesale of WLSA to Newlook on the cheap. I think this was about 3 years ago.
It is of my personal opinion that JS has not forgotten about this. He is just biding his time, issuing more shares so he can finally do what he wanted to do originally. He will then feel vindicated that he has "won" and got his way, all while screwing the small shareholder and making money for himself and his buddies...because I do think there are some good things being worked on, I just can't fathom us (the small WLSA shareholder) actually profiting substantially from them. This is based on 6 years of history with WLSA So, while I believe there are some good things currently being worked out, when it is all said and done, I think those profitbale projects/businesses will be spun off to Newlook or some other shell. Long story short, I guess what I am saying is that JS defineitly has made money via salary with regards to WLSA.
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