Thursday, August 10, 2017 3:11:09 PM
from the filing this week:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12218461
Effective August 1, 2017 the Company entered into an Advisory Agreement with Wesley P. Siebenthal to provide certain advisory services to the Company and serve as its Chief Technology Advisor. Under the terms of the six month agreement, the services to be provided to the Company by Mr. Siebenthal include researching, designing, and building prototype(s) and managing production tooling for modification to current products and new products under consideration at the Company. As compensation for the services, the Company issued him 2,000,000 shares of its common stock. The Advisory Agreement may be terminated by either party upon 30 days notice in the event of a breach, and contains customary confidentiality and invention assignment provisions. The foregoing description of the terms and conditions of the Advisory Agreement is qualified in its entirety by reference to the full text of the agreement which is filed as Exhibit 10.2 to this report.
GLTA
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