Sugarmade Inc (SGMD)

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Appears several foregoing cash for shares compensation..

Shares issued for services   

 

On June 30, 2016, the Company granted a consultant, Yang Zuo, 1,527,778 restricted shares with fair value of $50,000 for compensation for services provided to the Company.

 

On June 30, 2016, the Company granted a consultant, Tony Thai, 1,527,778 restricted shares with fair value of $50,000 for compensation for services provided to the Company.

 

On June 30, 2016, the Company granted a CEO, Jimmy Chan, 5,000,000 restricted shares with fair value of $450,000 in lieu of salary.

 

On June 30, 2016, the Company granted Director, Waylon Huang, 3,000,000 restricted shares with fair value of $90,000 in lieu of salary.

 

On June 30, 2016, the Company granted Director, Richard Ko, 3,000,000 restricted shares with fair value of $270,000 in lieu of salary.


I also am satisfied with that compensation plan..and understand that gang going to sell shares to get a payday..