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Competitive Technologies Inc. Message Board

  • rrtzrealmd rrtzrealmd Jan 21, 2012 6:24 PM Flag

    ..and my, hasn't Nano certainly...

    ...cost a lot:

    "General and administrative expenses increased to $2,114,000 in the nine months ended September 30, 2011, compared to $1,703,000 in the nine months ended October 31, 2010. The increase of $411,000 is primarily due to increases in legal fees ($583,000) associated with the legal activity relating to the former CEO challenging his termination for cause..."

    ...583 THOUSAND dollars?...dang if them there lawyers ain't expensive!...so CTTC spent AT LEAST $583,000 in order to avoid giving Nano his $750,000?...and Nano STILL gets his $750,000????...well, like they say, "win a few, lose a few"...or maybe, at least in CTTC's case, rarely win but lose a LOT, huh?...

 
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