Green Cures and Botanical Distribution Inc (GRCU)

[Odessa99]

He actually receives one quarter of that number of shares. The original wording that GRCU used in their filing was unclear, so it has since been clarified in the most recent quarterly filing, to read as follows:

"Pursuant to his agreement, Mr. Calkin is entitled to receive up to 4,000,000 shares of the Company’s common stock during 1 calendar year; 1,000,000 vesting quarterly on each three-month anniversary of the commencement of Mr. Calkin’s employment with the Company, provided that Mr. Calkin remains employed with the Company. In the event that the agreement is terminated, any unvested shares will be forfeited and not issued by the Company. As of June 30, 2014, 1,000,000 of Mr. Calkin’s shares had vested and had been issued by the Company."

Calkin receives 4mm shares/quarter of GRCU stock or 16mm in his first year. I show that in the Supplemental Information excerpt below.

(see page 4 of 23, in link below)
http://www.otcmarkets.com/financialReportViewer?symbol=GRCU&id=125012

GRCU