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Looks like 10 million more and it’s go

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LJ Silver   Sunday, 04/07/19 10:02:56 PM
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Looks like 10 million more and it’s go time. Imo
LJ

3. Compensation and Benefits.

(a) Base Salary. During each twelve (12) consecutive months of the Employment Term, the Company shall pay the Executive a base salary at a rate of not less than Four Hundred and Sixty Thousand Dollars ($460,000) (the “Base Salary”) payable in substantially equal monthly installments. Notwithstanding the foregoing, until such time as the Company shall, following the Effective Date, raise a minimum of $10,000,000 of capital from the sale of debt or equity securities (the “Additional Capital”), the Executive’s Base Salary shall be fixed One ($1.00) Dollar and the difference between $460,000 and $1.00 shall accrue and shall be payable to the Executive immediately following the Company’s receipt of such Additional Capital.

https://www.sec.gov/Archives/edgar/data/1714420/000121390019005688/f1u032819ex6-1_hightimes.htm

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