Quirk is obligated by contract to update us on or before October 20, 2014 if he is not going to renew the contract. If he fails to do it by October 20, 2014 and he will quit on or right after April 20, 2015, it can be considered as a fraud.
If there is no update from him or the company, it means that Quirk will have guaranteed position with FPFI till April 20, 2016 collecting $160,000 per annum, plus 5% increase each year and bonuses.
"Turn those machines back on!"