Saturday, October 25, 2014 9:22:26 AM
deferred and accrued. As of September 30, 2012, Mr. Parkinson beneficially owned 64,051,649 shares of Class A common stock in the Company, and 600,000 shares of Series A Preferred Stock. Mr. Parkinson has voluntarily surrendered back into company treasury a total of 26,800,000 shares of stock, to be held pending satisfaction of corporate and sales achievements. Parkinson has no other Board memberships or affiliations other than volunteer, non-profit associations. Effective January 1, 2013, Mr. Parkinson has agreed to reduce his base salary to $72,000 per year.
Shefte has voluntarily surrendered back into company treasury total of 5-million shares of stock, to be held pending satisfaction of corporate governance achievements.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=97247
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