If you please refer to last year's 10K, you will note the employment contract between Paul C. DiFrancesco (same one in bankruptcy court in southern California). Position is Head of Finance (you're right, probably not that important for a company that has no money LMAO!!!)
Terms of Contract 3 years - Base Salary - $144k Y1, $192k for Y2 and Y3.
Salary Bonus - Exmployee will receive a bonus to be paid semi-annually up to 100% of the base salary for the previous six-month period (oh and he's the head of the compensation committee) Also 300k share signing bonus.
Other relevant info from prior 10K - During the year ended December 31, 2014, we incurred $635,000 in board and consulting fees with Paul DiFrancesco, a Director. Mr. DiFrancesco was paid cash of $282,500, awarded 538,870 shares of common stock in the Company, valued at $277,500 for services related to 2014 activities, and $75,000 per year as compensation for serving on our board of directors.
Oh and as of last year's filing - he was the second largest individual share holder after STW.
Also, on October 9th of 2015, STW awarded Paul another 2,000,000 shares for his "efforts" on behalf of the company.
He's pretty much the highest compensated employee in the company and is the head of finance. How is that not a key employee?????
I would think those who did their DD would be "familiar" at least with him. Hmmmmmm..... suspicious.
