Oh, but he invested $50 k of his own money back into the company - less than 10 %????? That makes $490 K for the year - demonstrates to me that there is a lack of belief. Remember those sophisticated investors? I bet they are happy. The board should immediately reduce their remuneration buy two thirds because shareholders have suffered larger losses.
You can talk the talk - but can UTR produce a product which is able to be manufactured for a decent profit - is walking the walk!
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Oh, but he invested $50 k of his own money back into the company...
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