lol. that is their job. to make as much money as they can. capitalism. if they can keep the company afloat from investors and keep taking out as much money personally as possible, they have been successful. doesnt really matter if there is a product or not. they need to keep the impression of a functioning company. they dont actually need a profit.
I like this very much and ill tell you why. It was said to me a while back Pure was going to cut expenses, actually cut some salaries, which are astronomical.. This certainly is a step in the right direction as Pure should limit expenses until they get traction with revenues or the FCNs.
According to Pures last 10k, Peter Wulff was paid $1.8M last fiscal year, almost $400k of it in cash! This is outrageous for a company like Pure.
Maybe change is coming and the gravy train is coming to an end.. My guess is Pure just saved several hundred thousand in cash and millions in stock going forward. Keep it coming
glad to see you're back I have always appreciated your research and opinions. are you still a bull? im in Tucson is there a way to communicate outside of this?
The US economy could really get moving if we fix our food supply problems. Scrap rates and recalls are expensive, and the costs and sub-standard product is forced onto the consumer. SDC is superior technology and again, proven safe and highly effective. SDC could make US food products preferred around the world. Get rid of the GMO's, poison antimicrobials and stop the antibiotic usage. Time to do the responsible thing!!
Yes indeed, something changes daily. That is the main patent for SDC gets ever closer to
expiration, at which point SDC will be used in many applications, just that PURE shareholders
IMHO will never see a dime of the monetization of the patent before expiry.
I don't have the inside, but from what I read, it would seem Subway's parent investing company took a position, and then did some trials of the technology. Subway will use what works best at the least cost, and there are many options. PURE may do better with larger volume producers as opposed to franchise retailers. The franchisee's are sometimes not compelled to use the franchisors sanitation products exclusively (though they may use their food products, and this is what the franchise relationship tracks the most).