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Hillcrest Energy Technologies Ltd V.HRH


Primary Symbol: HLRTD

Hillcrest Energy Technologies is a clean tech innovation company developing high value, high-performance control systems and electric power conversion devices for next-generation powertrains, charging applications and grid-connected renewable energy generation and storage systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power the future.


OTCQB:HLRTD - Post by User

Post by clear2012on Jun 09, 2015 11:30pm
124 Views
Post# 23814179

HRH - Penny Stock with Major Salaries/G&A

HRH - Penny Stock with Major Salaries/G&AAnyone read the Q1 financials and notice that the CEO and COO EACH paid themselves $25k/month in Q1? CEO is a triple from last year. I guess there's no compensation committee.

Additional salaries and benefits of $250k for the quarter, as well. G&A is massive for a little company.

Classic junior market cash grab. Unless management and board learn how to align themselves with the shareholders this stock will have trouble attracting real, long term investors and trade at higher levels. For that reason, I am out.

GLTA
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