Ann: Annual Report to shareholders , page-6

  1. 8,443 Posts.
    lightbulb Created with Sketch. 175
    Haha you make me laugh MF, the only person telling lies around here is you. The facts are right there for everyone to see MF is taking home over $600,000 a year for running a company that he turned from making nearly $700,000 in revenue per year to an embarrassing $14,000.

    Why on earth shareholders would be happy with paying someone over $11,000 a week to run a company making little to no progress, announcing cap raisings every few months and generating no revenue is very confusing.

    For a company generating little to no revenue and having such I cash burn, the CEO should be taking a massive pay cut instead of continually diluting shareholders wealth.

    From what I have seen MT isn't worth $650,000 a year. He shouldn't be getting any more then $100,000 till he can prove to shareholdes he can generate serious cash flow.

    Absolutely disgraceful and people should be very careful with this company.
 
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