Thanks a lot for your concerned post and suggestions. Their point was it would be more convenient for me if I take an increased salary after the six months instead of equity. They were also very willing to listen to alternative suggestions I might have. Also I do the think the people are pretty honest. They called up to clarify that it isnt the case that equity is not an option, its just that cash would be more convenient for me. I do believe that they are good and honest people and if I have implied otherwise in my post, Its a mistake on my part.