http://www.sec.gov/Archives/edgar/data/1024628/000107261308000924/form10-ksb_15793.txt
My favorite parts:
Net sales = $5.7 million
Stock-based employee compensation = $17.3 million
Current Share price = $0.41
2007 loss per share = $0.59
Other sources indicate that ZAP's CEO Steve Schneider and board member Gary Starr are able to issue stock to themselves basically at any time; so the stock-based-employee-compensation number can give you an idea about how much they're paying themselves.
It amazes me that these guys are still in business. All they do is issue stock, pump it up with press releases, and channel the revenue to the company's board. Oh, and sell a few tweaked golf carts so they seem "real"...
-Ryan
My favorite parts:
Net sales = $5.7 million
Stock-based employee compensation = $17.3 million
Current Share price = $0.41
2007 loss per share = $0.59
Other sources indicate that ZAP's CEO Steve Schneider and board member Gary Starr are able to issue stock to themselves basically at any time; so the stock-based-employee-compensation number can give you an idea about how much they're paying themselves.
It amazes me that these guys are still in business. All they do is issue stock, pump it up with press releases, and channel the revenue to the company's board. Oh, and sell a few tweaked golf carts so they seem "real"...
-Ryan