GREY:RPBIF - Post by User
Post by
Hurting20on Nov 19, 2009 11:24am
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Post# 16503562
Reactionary posts
Reactionary postsFunny 2 weeks ago everyone talking about a second shift and this and that.....none of it made any sense at all. Why do so many on this board cross their fingers when it comes to this crap.
I am going to let you in on a secret. Kaye isnt going to be affected if rbm tanks. Sure he might have 10k worth of stock etc. He gets paid over 300K I think. Didnt some one mention at his last job he tanked the share price. Sure his options were useless, but I think he probably made a damn good living.
THese venture companies are risky sure, but they are more risky than a normal business because of the extreme salaries paid out when the company isnt making money yet. Microsoft, Apple you name it, those guys subsisted on pizza and nachos until they really really had something. Kaye might be driving around in a beamer eating at the best restaurants. Who do you think pays for that?
The same thing with Radvak and Pilz. Starting a new darling up. Do you know you can now stake claims via computer. Why do you need to go public at thsi stage? Every statistic around suggests there new venture will fail. I checked out the management etc. correct me if I am wrong but all have a history of penny stock crap. I think the stats for a profitable gold co are like 1 in 5000. Why do you think Radvak lurks in these waters? In my opinion it is because he has no real interest in developing a profitable company. One certainly if told to choose wouldnt pick something so stacked against a person. I make my money running businesses and investing. They make their money starting extremely high risk ventures with little chance of succeeding- and take a nice pay cheque and in my opinion inappropriate chunks of said company. What are the consequences of failure to them? Nothing. I have to be right, they dont. Who do you think would be better at it.