Muscle Pharm Corporation (MSLPQ)

[turokman]

At least they are finally done paying Casutto off. Sheesh! Last payment of $16k should have just processed. I wonder if the PPP loan will cover this.




Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Resignation of Officer and Director



The Agreement provides that the Company will pay Mr. Casutto an aggregate of $100,000, the equivalence of three months base salary, with payments of $16,666.66 made every two weeks, beginning on May 15, 2020 and ending on July 17, 2020. The Agreement includes standard provisions contained in agreements of this nature including, mutual non-disparagement and a general release of any and all claims.

$MSLP