flying high, crash to comeThese guys have cadillac appetites but volkswagon resources. They are all well educated and probably used to the good things in life and expect that to continue. Rent of 120,000 a year for a company with six months revenue of $15,000 and with a deficit of 44million(yes, that is million) does not inspire confidence
This rent figure alone indicates that these are high flyers; also the salaries and directors fees are way out of line.
They have a hail mary chance in this new sales lady. if she has the proper connections and the product is as advertised, they have a chance. Otherwise, it is game over..re-organization or bankrupt