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Microcap & Penny Stocks : DCH Technologies (DCH)

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To: Scoobah who wrote (525)2/8/1999 1:30:00 PM
From: Sid Turtlman  Read Replies (2) of 2513
 
In the disclaimer section: "As of Feb 8, 1999, RAM has received compensation for advisory services of 100,000 shares of DCH Technology and a monthly advisory fee of $ 5,000."

I believe that that is a huge amount of compensation. Big, brand name investor relations outfits typically charge somewhat more per month, but they don't require $100,000+ front money, in the form of cash or stock.

Why do you think DCHT agreed to pay so much? Given that the company lacks the funds to pay employees cash (I believe that is your claim), why would they fork over $5,000/month to promoter? Wouldn't that money be better spent on the salaries of scientists or engineers? I would think that not getting paid a monetary salary might be viewed as a drawback to existing and potential employees.
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