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Post# of 43185
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Slojab

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Slojab

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Monday, 08/14/2023 2:36:07 PM

Monday, August 14, 2023 2:36:07 PM

Post# of 43185
On January 15, 2023, the Company executed an employment agreement for the period from January 1, 2023 to December 31, 2023 with Nadav Elituv, the Chief Executive Officer of the Company whereby the Company shall pay an annual salary of $600,000 from available funds.

Stock-based compensation – salaries expense related to these employment agreements for the six months ended June 30, 2023 and 2022 is $0 and $13,504,200, respectively. Stock-based compensation – salaries expense was recognized ratably over the requisite service period. (See Note 10).

Indeed, see Note 10!

Shareholders sure are paying Elituv a lot of money to lose money. $549,533 loss for this quarter.

https://www.otcmarkets.com/filing/html?id=16861153&guid=PrN-kpFM6oxHJth

You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!

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