Share price for the financial year
Start of the year: 0.035
End of the year: 0.012
A 65% loss of equity for shareholders
Bottom line performance for the financial year
$5,386,841 net loss for the year
GG & Rahul's total pay for the year
Base pay (USD): $681,634 + Cash Bonus (USD): $386,000 = (USD) $1,067,634
Share Bonus from milestone: 333,333,332 (worth over 5 million @ current share price)
Rahul's side buisness received US$975,100 (enough for around 125+ full time Indian programmers at the current median market rate, make of that what you will)
It's been a great year ...
... just not for shareholders.
Ann: Annual Report, page-22
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)