Yes, Salaries look too irresponsible for a company that is not making any profit. It's understandable at some later stages when earnings can justify these figures! I personally think the sp continuously sliding and dipping below the recent fund raising level is mostly because of these salaries and uncontrolled expenses. I wonder if Instititional and major individual inverstors are going to raise the red flag? They guys can run the company down in no time as the management of FIG did with similar behaviour.
LVT Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
