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Gold/Mining/Energy : Windstar [WSRI], formerly Turtle Mountain -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (34)9/7/1998 9:04:00 AM
From: Char  Read Replies (1) | Respond to of 148
 
Richard

In looking at the Windstar prospectus I just received in the MXAM package, I noticed is lists Current Assets of $777 and Total Assets of $80,264. It also states that since Dec. 1, 1997 they have been paying Fred R. Schmit (CEO) the sum of $7916.66 per month (+COLA). Do you have any idea where his salary is coming from? Since the stock isn't currently being traded it can't come from stock dilution unless it's a PP. Just curious.
Dave