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Friday, July 05, 2019 4:38:05 PM
Why does the 8-k state he is appointed the CEO and not corrected with a follow up 8-k?
March 15 Beware of the Ides of March
There is no arrangement or understanding between Mr. Grasser and any other person pursuant to which he was selected as an executive officer. There are no family relationships between Mr. Grasser and any of the Company’s directors, executive officers or persons nominated or chosen by the Company to become a director or executive officer and the Company has not entered into any transactions with Mr. Grasser that are reportable pursuant to Item 404(a) of Regulation S-X.
In connection with the commencement of Mr. Grasser’s employment as the Company’s Chief Accounting Officer, Mr. Grasser and the Company entered into an Employment Agreement, effective as of December 26, 2018 (the “Employment Agreement”). The Employment Agreement was amended on March 15, 2019 in connection with Mr. Grasser’s appointment as the Company’s Chief Executive Officer, and his compensation will consist of the following components:
https://www.sec.gov/Archives/edgar/data/1510964/000151096419000009/a8kmarch.htm
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