Holy cow - raping shareholders once again, not only the salaries but the obscene bonuses:
On March 1, 2017, Liberated Syndication Inc, a Nevada corporation (the “Company”), entered into Employment Agreements with its Chief Executive Officer, Christopher J. Spencer, and its Chief Financial Officer, John Busshaus. Under the terms of the Employment Agreements, the Company agreed to employ Messrs. Spencer and Busshaus for a period of three years, beginning on March 1, 2017, and terminating on February 28, 2020, at annual salaries of $400,000 and $350,000, respectively. Each Employment Agreement will automatically be extended for an additional one year period on each renewal date, unless the Company gives the employee at least 90 days’ written notice that it does not wish to extend such Employment Agreement. At the end of the initial three year term of each employee’s respective Employment Agreement, he will receive a bonus equal to twice his annual salary.
$LSYN
Spencer is a pig.
