I agree they should be compensated for travel expenses. Heck, they flew to California and spent a day or two out there with the CEO on the whole infomercial thing. That had to be very expensive! They have traveled to different states...never cheap. I think the point that others are trying to make is that it should be disclosed in their signatures/profile that they are compensated. If they have paid for everything they have done for this company out of their own pockets, that would be...well..I'll just say silly.
Based on what I have read concerning the SEC rules...they are required by law to do so as pointed out by others who know those rules far better than I. It's a simple fix. Tib proved that this am.
I spent a great deal of time driving around our area when the whole convenience store/gas station debacle was going on checking to see if the product was in the places that it was suppose to be. Used my own gas and time. It was great DD and I was happy to pay for it myself but to be reimbursed for doing demos and other things for/with the company is a whole different animal in the eyes of the SEC. Unfortunately, some people are unaware of this and get caught in the cross hairs.
My point is... some shareholders will post they are sending questions to the CEO several times a week yet they don't seem to excited about asking this question. So..... that is where I draw my conclusion that they must not care or want to know the answer.
Enjoy your weekend!
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