Replies to post #61498 on CYduct Diagnostics Inc (CYDX)

[BeauBeau]

Please provide link to "Proof".. otherwise.. that information should be considered a "Lie".... $45K is less than the cost of living in the Boston area and would designate said employee(s) as qualifying for some kind of assistance.. SNDY is a joke.. even with "proof".. laughable.. absolutely laughable ;-)

http://www.salaryexpert.com/index.cfm?fuseaction=BrowseCOL.boston-massachusetts-cost-of-living-data-details&CityId=29

[slazenger7]

The entire staff makes only 45k? Aren't there supposed to be 12 employees? So what have those 30 million shares issued to the President gone toward? SNDY said in an official company PR that they were salary for employment contract renewal that were owed.

"the Company issued 30,000,000 shares of its common stock to the President of the Company for the renewal of his employment contract and recorded an expense of $300,000."

http://ih.advfn.com/p.php?pid=nmona&article=55044314

.
.

[slazenger7]

So you have "proof" that the entire staff makes only 45K? If the President says that the entire staff makes only 45k, then he must have left himself out of the salary payments.

"the Company issued 30,000,000 shares of its common stock to the President of the Company for the renewal of his employment contract and recorded an expense of $300,000."

http://ih.advfn.com/p.php?pid=nmona&article=55044314

"In the second quarter of 2012, the Company executed a pledge agreement to secure the services of the President to be performed under the employment agreement. As a result, the Board of Directors issued 450,000 shares of Series B Preferred stock as additional security."

"The Company has elected to book the security issued pursuant to the employment contract as an additional $450,000 expense based upon 450,000 shares issued at a rate of $1.00 per share. If the Company satisfies its obligations under the employment agreement and corresponding pledge agreement, the Company will then make the appropriate adjustments to the accounts. "

http://www.prnewswire.com/news-releases/solos-endoscopy-posts-total-assets-of-2426883-for-period-ended-june-30-2012-166410046.html

.