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Thursday, September 29, 2016 9:13:32 PM
You're leaving out a crucial part which is that they already booked the $240k for FY17. You can argue next April whether MCIG has an extra $240k laying around to pay Paul and Hawkins their salary in cash or shares.
The same applies for bonuses.
As for 3% restriction -- I go by what's submitted as exhibits in audited financial reports, and there's no proof anywhere in that contract that there's a percentage restriction. Find it in the contract and I'll be happy to admit I was wrong.
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