Wednesday, November 16, 2022 3:31:47 AM
NOTE 9 – SUBSEQUENT EVENTS
On November 7, 2022, the Company entered into an amended employment agreement with its CEO. The agreement provides for a signing bonus of $4,000,000 payable upon the completion of funding to the Company via a public offering. The agreement also provides for a base salary of $3,900,000 per year. Upon signing of the agreement, the employee was granted 12,000,000 shares of common stock effective as of October 21, 2021. These shares were issued on September 14, 2022.
On November 7, 2022, the Company entered into an amended employment agreement with an employee. The agreement provides for a signing bonus of $1,000,000 payable upon the completion of funding to the Company via a public offering. The agreement also provides for a base salary of $1,300,000 per year. Upon signing of the agreement, the employee was
granted 5,000,000 shares of common stock effective as of October 21, 2021. These shares were issued on September 14, 2022
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