I've read all of the 10-Q's and must have missed that. The CEO's current salary from Gold Horse is $180K and he takes it all in stock. I viewed this as his attempt to recover some of the dilution that he had to endure when Gold Horse couldn't repay the notes and had to issue shares at $4, which was a terrible price back then. His salary from the Jin Ma companies was $26K in FY 2011.
The total amount of money contributed by US shareholders was only $1M, which has been more than used up on listing-related expenses. So what should the company give back?
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