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Technology Stocks : Gridline Communications

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To: pennywisefool who wrote (95)6/19/2014 2:14:12 PM
From: jillinthebox  Read Replies (1) of 190
 
I remember having seen a document according to which Dillon was being paid $160k a year. I couldn't find it now, but here's data from salarylist.com.

(In 2009) 'Gridline Communications Holdings average salary is $86,500, median salary is $84,000 with a salary range from $66,000 to $120,000. Gridline Communications Holdings salaries are collected from government agencies and companies. Each salary is associated with a real job position. Gridline Communications Holdings salary statistics is not exclusive and is for reference only. They are presented "as is" and updated regularly."

Considering that they have no sales and they are still keeping the company going, it would be reasonable to assume that their salary levels are at least what they used to be and that new investors are the only source of funds (unless they have deals and revenues we are not aware of).

Right? Or, do they work and travel for free? Perhaps Dillon can comment on this as well. Every raised dollar means more dilution and that's not good for existing investors! How many shares are outstanding anyway?
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