Post by
RPINVESTOR1 on Aug 30, 2024 7:39am
ADMINISTRATIVE BURDEN
Andrew Schutte talks about how the administrative burden will be reduced under the proposed 'purchase' by the private company. This is a total falsehood (I am being polite.).
Even after the company deducts expenses (ie. perhaps one million per year salary for the CEO?, etc. etc.) related to running the business, there are additional administrative charges on royalties - 92% (100% - 8%) and on any asset sales 25% (100% - 75%)!
Just say NO!