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Re: clearmont88 post# 47426

Thursday, 01/24/2019 9:09:28 PM

Thursday, January 24, 2019 9:09:28 PM

Post# of 54032
Riiiight!

he has always taken a very modest salary (unlike others).


That’s why he did this...
“On August 22, 2012, the Company entered into an employment agreement with Seth M. Shaw, its then CEO. The agreement provides for annual compensation of $132,000. Mr. Shaw previously elected to forgo cash compensation and receive 60,000 shares of the Company’s common stock on a monthly basis. However, as the only principal officer and director, he decided to take the cash compensation as well.

What a creep... “I’ll take shares instead of cash...oh...wait...I am going to take the cash too”
ROTFLMAO
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