www.mediafax.ro/economic/o-companie-sustinuta-de-f
Foundation Future Industries, a military robotics startup backed by Eric Trump, has failed to pay employee salaries due to CEO Sankaet Pathak borrowing $4.6 million for a home purchase. This financial mismanagement has raised concerns among employees and potential investors about the company's governance. Pathak, who is the sole board member and majority shareholder, has been criticized for his actions, especially after a previous liquidity crisis. Eric Trump, while an investor, claims he is not involved in the company's operations. The startup is reportedly seeking significant funding to develop a humanoid robot for military use, despite past failures in other ventures.
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