Is this why GVIS management screwed the longs???
The CEO and CFO are getting
more than 9 million shares at 0.004 as per the 8-k released yesterday. Please read the following 8-k from feb. It clearly
says Steven would get 5% of the total shares sold. The higher
the number of shares sold in PP, the higher the shares he will
get. CFO got the same amount. So they screwed us and making big
bucks.
21-Feb-2006
Entry into Material Agreement, Change in Directors or Principal Office
Item 1.01. Entry into a Material Definitive Agreement.
On February 8, 2006, we entered into an Employment Agreement with Steven E. Walin, pursuant to which he will be employed as our Chief Executive Officer commencing March 6, 2006 for a term of three years. Pursuant to the Employment Agreement, Mr. Walin is entitled to receive:
· A second 10-year option to purchase 5% of the number of shares of common stock sold by us in the next offering of our securities completed within two years of the commencement of Mr. Walins employment with us.
All posts are only my opinion and are not buy or sell recommendations.
