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Wednesday, December 02, 2015 2:40:07 PM
7years x 12 = 84months x 10K equals 840k that pyct has spent on IR...lol..wait lets use 8K a month equals 672K
but took 3years to get financing for production?
the list is long of what they could of done with 670K
lol...they could of buyback shares with that money
instead they hyped they bought back 30k
Is the picture getting clearer? or still scammier
Hence ClownJOB
Investor Relations Agreement
The Company announces that it has entered into a consulting agreement for investor relations services, dated effective July 1, 2004, with KCrew Communications Inc. ("KCrew") of Vancouver, BC. The agreement was for a term of three (3) months, but has been renewed for an additional three (3) months, expiring on December 31, 2004. The sole shareholder of KCrew is Mr. Raymond Szeto. The services to be provided by KCrew include certain administrative duties, shareholder communications, preparing promotional and multimedia material and investor relations services.
In consideration of KCrew providing the investor relations services to the Company, KCrew will receive a fee of $10,000 per month for each month of the agreement, for an aggregate fee of $60,000.
General
The Company's board of directors has established a new disclosure committee which will adhere to a written disclosure policy intended to ensure timely and balanced disclosure of all material information. The Company also plans to adopt an audit committee charter to ensure that matters relating to financial disclosure comply with regulatory requirements for timely, accurate and thorough disclosure.
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