Bots Inc (BTZI)

[lesgetrich]

Les, couldn't these insiders be receiving money in the form of sales bonuses or consulting fees that would not show up under executive compensation?

Absolutely not! If a company is a controlled subsidiary (greater than 20% owned by mCig), their statements are consolidated with mCig's. All executive compensation has to be revealed on mCig's financials. If they are not a controlled subsidiary, why should we care. Whatever they pay doesn't affect mCig's bottom line until and unless they are profitable. Executive compensation for those companies and individuals with greater than 5% ownership would appear on the financials for those non-controlled companies.

Why should mCig shareholders care, for example, if Paul or any other mCig exec had a position on the Board of GW Pharmaceuticals and got compensated by GW. It wouldn't affect mCig shareholders unless he were able to use his position to steer contracts to mCig.