Post by
dart321 on May 21, 2022 8:18pm
Consulting fees
Went through the financials again to see what their working capital looks like, The consulting fees are off the charts for a micro cap and get this the ""CEO"" gets consulting fees. When have you ever seen a CEO get 10 grand a month in """""CONSULTING FEES""""" plus a wage !!!!!!!! These clowns are milking this company dry with consulting fees, last quarter alone they took over 250k, money drasticly needed for working capital. Money needed right now because they are at their inflection point today not last week or a month ago or two weeks from now but right now. Based on my scans today they do not have enought working capital to produce enough product to satisfy orders, they took all the money in consulting fees. ONE MASSIVE RED FLAG JUST WENT UP !!!!!!!!!!!