Doing a little digging, in the notes section of the 1st quarters financials, it said that Garr and Richard were issued stock in lieu of $100k annually with the option to earn another $100k in certain goals are met. If the price during the issuance was .0005 then we can assume that Garr holds roughly 200milion shares. 200,000 x .0002 = $40k. You can bet that he will get this price higher when the time comes for him to cash in.
Anyone know if he's drawing a salary from GVHL as the secretary. I've asked Irwin before, and he said to go ask Global vision.
Brian....you asked earlier about the 1.7 billion shares issued in the 1st quarter (where did they go). I feel that some (approx 400mil) went to salaries (600k counting Chang). The rest I don't have a clue.
I also feel the 2bil in escrow went to the Check 21 China purchase.
“There's one thing I'll say. I'd hate to play us.” - Coach Tommy Tuberville, Auburn University
