InvestorsHub Logo
Followers 51
Posts 5211
Boards Moderated 0
Alias Born 06/24/2008

Re: None

Sunday, 09/14/2014 1:41:49 PM

Sunday, September 14, 2014 1:41:49 PM

Post# of 56186
The 8K is really weird...

"On August 19, 2014, the Board of Directors accepted the resignation of Mr. Olson as President, Chief Executive Officer and Director of the Company and elected Eduardo Enciso as the President and Chief Executive Officer of the Company."


That sound's like they hired him right? Well then you read this under "Terms of Office":

"The Company did not enter into any employment agreement with its directors and officers. The Company agrees to pay to Mr. Enciso a compensation of $5,000 per month. The Company agrees to pay to Mr. Lama a compensation of $1,500 per month."


So they made Eduardo Enciso a CEO without being part of the company?? LOLOLOLOL!!!! Weird stuff indeed!!




Disclaimer: My posts should not be construed as investment/trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold any securities mentioned. Please perform your own due-diligence and make your own investment decisions.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.