Amplitech Group Inc (AMPG)

[greasemonkeyshoes]

Mike what is your thought on..........
The ceo's exorbitant entitlement,structured in his favor,up to 50% control of the company,all at $824k(or 25% of current mc)?
From 10q:
Options: During 2014, the Company granted the chief executive officer of the Company an immediately exercisable option to purchase an aggregate of 400,000 shares of Series A at an exercise price of $0.0206 per share. There is no expiration date for this option and the related expense has been recorded in prior years.
a bit more on "A":
Each share of Series A is convertible into 100 shares of common stock at any time after issuance and the holder of each share of Series A is entitled to 100 votes when the vote of holders of the Company’s common stock is sought. In January 2015, the Board of Directors of the Company increased the number of Series A designated from 140,000 to 401,000.

Another issue:
On April 25, 2019, Wayne Homschek joined the Board of Directors as an independent Director who will aid in corporate strategy, financing and investor relations. He will be paid $5,000 per month for one year and receive a Warrant, exercisable into 3,000,000 shares of common stock at an exercise price of $0.03 per share.

How did such lucrative compensation be given and justified??

ps-I question the company deserves your money as an investor.