HUTN Inc. (HUTN)

[georgie18]

HUTN...55...Filing...Formely E.F. Hutton...

https://backend.otcmarkets.com/otcapi/company/financial-report/192405/content

Total Shares Authorized: 280,000,000 as of March 31, 2018
Total Shares Issued and Outstanding: 59,992,530 as of March 31, 2018

(d) On March 22, 2016, the board authorized and the Company entered into an employment
agreement effective as of January 15, 2016 with Christopher Daniels which pays Mr. Daniels a
base salary of $1 per year and provides for incentive compensation that includes a cash bonus and
a stock options to buy up to 1,200,000 ordinary common shares at $0.50 per share and a second
option to buy up to $30,000,000 worth of ordinary common stock at $0.50 per share or the average
of the prior twenty days closing stock price. The stock options expire on March 31, 2019. Up to
two million dollars (raised to up to ten million by board on August 16, 2016) of the second stock
option can be exercised with a note with a repayment term of up to five years. The employment
agreement includes healthcare and other customary benefits.