Matchaah Holdings Inc. (MCHA)

[Slojab]

What has Wingett done since he came on board in 2014 to warrant a salary?

The Company is obligated to pay all accrued executive salaries and all professional fees on a quarterly basis on the first day of the subsequent quarter. If the Company cannot or elects not to pay such salaries and fees in cash, it is required to immediately issue common and/or preferred shares in payment of the obligations. Pursuant to this provision as of December 31, 2015, the Company was obligated to pay $60,000 in accrued executive salaries to its CEO in stock and $121,550 in accumulated professional fees in stock. Through September 30, 2016, the Company was obligated to pay an additional $45,000 in accrued executive salaries to its CEO in stock and an additional $18,000 in accumulated professional fees in stock.