BioCorRx Inc. (BICX)

[Thirdeyeblind]

However, the latest 10-q shows salary payments as well as payments to an LLC. Or am i missing something?

On June 17, 2016, the Company entered into an executive service contract with Brady Granier as the Company's President and Chief Executive Officer. The agreement is an at will agreement and provides for a base salary of $175,000 per year, 10,600,000 stock options, extended previously issued options and an auto allowance.

The Company has an arrangement with Soupface LLC ("Soupface"). Soupface is a Company controlled by Brady Granier, an officer of the Company, that provides consulting services to the Company. There was no formal agreement between the parties and the amount of remuneration is $14,583 per month. For the three and six months ended June 30, 2017 the Company incurred $76,042 and $90,625, respectively and during the three and six months ended June 30, 2016, the Company incurred $0, as consulting fees. As of June 30, 2017 and December 31, 2016, there was an unpaid balance of $25,000 and $-0-, respectively.