Sunday, October 02, 2022 5:44:01 PM
Related Party Disclosures
In addition to the disclosures made in Note 7- Related Party Transactions and Note 8 of the Company’s Notes to Condensed Consolidated Financial Statements with respect to SG Austria and Vin-de-Bona, the Company notes the following:
The Company’s Director of Administration who has been serving in that capacity for eight years is the wife of the Company’s Chief Executive Officer.
One of the Company’s directors is party to a short put option, which requires him to purchase, at the election of the option counterparty, 795,000 shares of the Company’s common stock at a price of $2.50 per share. The short put option expires on October 21, 2022.
Available Information
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