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https://www.otcmarkets.com/otcapi/company/financial-report/395514/content
Page 91. Scroll down.
10. COMMITMENTS AND CONTINGENCIES Employment Agreements Pursuant to a restated employment agreement, dated November 30, 2014, with the Company’s president and chief executive officer, the Company agreed to employ him as president and chief executive officer for a term of three years, commencing January 1, 2014, and continuing on a year-toyear basis unless terminated by either party on not less than 90 days’ notice prior to the expiration of the initial term or any one-year extension. The agreement provides for an initial annual salary of $252,000, which may be increased, but not decreased, by the board or the compensation committee, which was increased in 2016 to $300,000 and to $600,000, effective January 1, 2023. The chief executive officer is entitled to a bonus if the Company meets or exceeds performance criteria established by the compensation committee. In August 2016, the Company’s board of directors approved annual bonus compensation equal to 30% of the amount by which the Company’s consolidated income before income taxes exceeds $500,000, but, if the Company is subject to the limitation on deductibility of executive compensation pursuant to Section 162(m) of the Internal Revenue Code, the bonus cannot exceed the amount which would be deductible pursuant to Section 162(m). The chief executive’s bonus for 2023 was approximately $334,000. The chief executive officer is also eligible to participate in any executive incentive plans which the Company may adopt. SEP IRA Plan Pursuant to the SEP IRA plan adopted by the Company in March 2020, the Company deposited into a SEP IRA account of each of its participating employees a percentage of the employee’s compensation, subject to statutory limitations on the amount of the contribution all as set forth in the IRS Form 5305-SEP. For the years ending December 31, 2023 and 2022, the percentage was set at 11% and 20%, respectively. The Company’s chief executive officer and chief technology officer are the only participants and during the years ended December 31, 2023 and 2022, $66,000 and $61,000 was deposited into the chief executive officer’s SEP IRA account, respectively and $6,600 and $0 was deposited into the chief technology officer’s SEP IRA account, respectively.
He who has the Gokd rules!
We have a bag of poo, if the 10K isn't good.
So what else is new?
Sorry for the lack of positive vibes.
We may all have to get those Austin Powers cylindrical "devices" to pump this stock up.!
😀
I h a d a dollar alert from Fidelity.
Unfortunately it would have to be $100/share to make up for the old cry of "hollar for a Dollar!"
Bob, What did you think about your price?
I heard on FBN something about a MASI lawsuit with Apple.
10 days?
Let's hope for a very Merry Christmas.
Maybe we can make a buck before we get to social security age...
Retirement
Sweet!
The die are getting worn out.
Could he be in a Quiet Period?
I've been wondering about AAPL too.
I remember that year 2000 shot up of the share price. Shot to 80 cents with a boatload of shares changing hands in a day. There were about 45 cents at a few times in other days.
Where's the 10K?
April Fool's joke?
Hope not.
That could add up over time.
Wonder if the licensing fees would be a lump sum or over time or clicks?
If we ever got one of those deals, then holler for a dollar would be accurate.
Raging Bob and I have been holding (the bag) for over twenty years.
Anyone buying at this point?
All quiet on the QPRC world
So that's where we're in QPRC world?
Bx
Thanks.
I'm getting tired of the swing lower. Is it expected to go lower or go up from here.
I hope that a blow up is not a blow down.
Nearly 3M shares traded today.
Going upness wasn't being found today.
10 real cases are better than zip.
Hope there will be up action soon.
Bx
Quest NetTech v Apple - Pretrial Conference
Monday August 17, 2020
Marshall, TX
It's Friday again......
Then you haven't been in QPRC too long.
:(
What conditions would have to exist for this stock to have Viagra like effects?
Just a general question.
Bx
Today is 7 times.
At that rate, we may see 16 million shares traded by July.
NOT!
A whole nickel, if that much.
Makes no sense.
4 shares were traded today?
I'm amazed that it moved a day earlier, Rob.
Your question has been going on for 20 years.
So when's the next pulse check?
August 15th?
Bx
Does the board have a pulse?
I wonder what happens if Amazon buys JCP?
That wouldn't happen until JCP goes to bankruptcy court. I guess.
Are we going to make some money by August?
Makes us cry. The credit card companies made sure that was not hurried.
So why is the price so low?
Yea baby! Yea!
Isn't that a very good thing Bob?
Your mouth to God's ears Reaper.
This may take a few years to really reward longs. I am patient and will look again in a few months to see what quarterly reports say.
I've been waiting for 20 years. My son's Education IRA will expire soon. It's good for 30 days after his 30th birthday to go to him as taxable income. Maybe pay off the student loan.
If it is worth what I contributed, that would be sweet. But I'm realistic.
So why the plunge?
Obviously someone was unloading.
Sell on rumor?