ACG Compensation Request
"a retainer of $5,000 per month beginning October 1, 2006 and 200,000 in common stock warrants;"
A retainer is "the part of a contractually due sum that is paid in advance, while the balance will only follow after receipt on the counterpart in goods or services; also called advance payment or deposit"
Question; since this is a retainer, then how is the actual fee calculated?
Question; is the retainer amount of 200,000 in common stock warrants due to be paid monthly also?