Red Cat Holdings Inc (RCAT)

[investor2004]

Page 11 under Other Agreements in 10q

"On January 18, 2018, the Company entered into an agreement for corporate communications services. The agreement is for an initial period of six months with a monthly fee of $5,000. Should the Company raise $2,000,000 or more, the monthly fee increases to $7,500 per month. The Company will also issue 1,000,000 shares of common stock per this agreement. These shares have not yet been issued as of the date of this report."

5000x12=60k a year for??? Shareholder communication? This is one small piece of the issues here overall but is especially a slap in the face considering that is more then most people make a year here in the US as a salary.