Mike,
I have to give Jack credit, he put together a fortune 500 BoD, other than myself all the people are highly respected professionals in Tulsa. These guys are volunteering time, knowledge and money to get things back on track.
They are using their own personal assets and donating their time... and are willing to take stock in return, simply because they believe 100% in what we are doing also. No one is demanding salaries or even insinuating that at this point in time.
Yes you guys will see the float increase some in the future, because of this, but its not going to be anything dramatic or unreasonable. Just consider it the cost of doing business... but on the other hand, the cash and liquid property is being better utilized for the shareholders benefit.
We took about 10,000 shares and split it 7 ways as compensation, for meetings, travel, phones, expenses, ect ect. End result we were able to give you guys about a 250% week gain... thats a bargain no matter how you look at it.
KAA
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