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Message: Re: .103
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Feb 13, 2015 10:23AM

Feb 13, 2015 10:31AM
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Feb 13, 2015 11:28AM

"so they spent 210k above and beyond the base fees--must be working on something important."

They spent 338K total 2014 3rd qt...not all attributable to Handal...as there are other costs of research happening as well.

The report notes (I'm using rough numbers as I remember reading) they spent 241,000(?) more than the last same 2013 qt...which was 119,000(?)

338 -119 ...219 + 30(monthly fee)....249 [or 241] (close enough)...not all attributable to Handal...there are other costs.

Handal ain't making money yet, but he's about to...He's been floating his end on 30K monthly for some time now with minimal residuals coming in to help him out.

It's the only way this could be pulled off. To us as investors he's giving you a whole bunch up front and he kept his bargain when things went south..he's deserving now ..

Investors owe this guy a great debt of gratitude ..he's a man of his word.

doni


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