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Wednesday, February 14, 2018 11:53:32 AM
All info from S-1
Looks like insiders received:
1) Salary of $80k+/year with option to purchase shares
2) Received common shares
3) Received preferred shares
And this does NOT include the preferred shares (worth ~$3 Mil)that went to MCIG; where MCIG can further issue to insiders without telling anyone.
In addition, I may have missed it, but there are no constraints as to when insiders can sell their stocks
All in all, insiders got paid at least $3 mil w/ the purchase of CR(APP)
And getting so much more in terms of salary, issuance of common shares, issuance of preferred shares, and future issuance of preferred shares that haven't been given to insiders.
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