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Re: rumit post# 29316

Tuesday, 02/08/2011 5:49:11 PM

Tuesday, February 08, 2011 5:49:11 PM

Post# of 92948
no employment agreement disclosed as of yet. He got a 5MM share bonus as a BOD last year worth approx. $1MM today and for two months as CEO has 10MM shares worth about $2MM at todays pps say nothing about the employment agreement. I'd say he has done very well. I wouldn't be surprised if he is lobbying to keep this lucrative position?:)

He secured a $25MM+ LOC with amicable terms.
Caldwell had the class C shares sent to Delaware the day before his death. The deal was consumated with Caldwell not Rabin.

He added 2 highly experienced employees that bring a lot of value to the company.
Price was a buddy of Rabins in other ventures and Caldwell brought Vincent aboard.

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