Sunday, May 26, 2019 11:55:40 AM
The CEO has already monetized the app by owning it @ then licensing it to Tautachrome .
He makes bank even if its a total flop!
October 17, 2018, we executed a License Agreement with ArKnet, Inc., a company owned by our CEO, Dr. Leonard and another related party. We received certain technologies aimed at the global household goods and services market in exchange for on-going cash payments and 40,000 shares of Convertible Preferred Series E Stock, issuable on or before April 17, 2020. We recorded an accrual of $1,837,000 for the cost of these shares during 2018
He makes bank even if its a total flop!
October 17, 2018, we executed a License Agreement with ArKnet, Inc., a company owned by our CEO, Dr. Leonard and another related party. We received certain technologies aimed at the global household goods and services market in exchange for on-going cash payments and 40,000 shares of Convertible Preferred Series E Stock, issuable on or before April 17, 2020. We recorded an accrual of $1,837,000 for the cost of these shares during 2018
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