Mar. 14 at 2:26 PM
$GEMI unfortunately for retail investors, this is one those companies that issues stock, then as the price approaches
$1 a reverse split will be implemented.
All to cover the twins salaries of
$2.4m each.
So while the operating cost is 160% of the revenue, the executives are bleeding the retailers dry.
Their main cost is compensation, not R&D, not cap ex or reinvestment.