If I were a long investor and just watched management hire Paul Arena as Executive Chairman, I too would be at a loss for words. $275,000, a $35k signing bonus and millions of options at 40 cents! This on the heals of being diluted over 100% in recent months, while the company gives away free another 1.3m shares to what is most likely a stock promoter back in Nov. Meanwhile management pays themselves almost $900,000 for just five execs, two are CEO and his brother. Meanwhile some insider appears to be leaking non public inside information here about how the FBI audited them and how CEO Bradley was supposedly in DC last week attending some 50 or so meetings. Can anyone point me to a public filing made by the company with the SEC where these things were publicly disclosed? Better hope the revenues grow a lot faster than evidenced in that pr last week, I predict they are out of cash is 6 to 8 months and just one person has now increased executive salaries by close to 30%! Just research Arena and his past, you ain't seen nothing yet!:-) It's really no surprise short interest almost doubled in recent weeks and the board member that saved the company to begin with by orchestrating the spin out from CMGO, just filed 144 to sell almost 700,000 shares pennies from all time lows.
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