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Re: None

Friday, 05/22/2015 8:00:30 AM

Friday, May 22, 2015 8:00:30 AM

Post# of 1483
$7M?? Must be nice...


Where's our dividend?

During April, 2015, the Company issued 4,700,000 shares of common stock. These shares were issued to the Chief Executive Officer of the Company for services. The value of these shares was determined to be $7,050,000 using the securities closing price ($1.50) on April 16, 2015. This amount will be expensed as incentive compensation.


https://www.sec.gov/Archives/edgar/data/949721/000135448815002617/mrdn_10q.htm




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