Thursday, June 18, 2020 2:39:22 PM
The 8-k issued by ITOX yesterday states that Emmons, McNemar and Coufal “forgave accrued and unpaid consulting fees owed pursuant to current and previous consulting agreements.”
That leads one to wonder if ITOX’s only 3 employees have a primary source of current income from other endeavors.
It is also perhaps instructive that the 8-k refers to their consulting fees. The fact that their ITOX compensation is referred to in terms of an hourly fee - as opposed to a weekly, monthly or annual salary - suggests that whatever work they perform for ITOX may well be on an irregular basis.
I hope that ITOX is still a viable business, but there is little current evidence that it is.
Recent ITOX News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/31/2024 06:32:02 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 05:07:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 03:24:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/01/2023 09:01:13 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 08:26:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 08:30:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/29/2023 09:29:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/25/2023 12:30:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/23/2023 03:56:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/18/2023 09:25:36 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 04:17:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2023 08:01:12 PM
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