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Re: Citrati post# 21008

Tuesday, 01/15/2013 7:46:21 PM

Tuesday, January 15, 2013 7:46:21 PM

Post# of 62039
No need to wonder, the filings clearly state what they get for compensation. They get a half million preferred shares which will for which they get $.10 per share when they get financing. The filings also clearly state that they won't get any common stock in exchange for these preferred shares.

The Series A Preferred Stock bears no dividends, does not convert to any class of common stock, is subject to redemption at $0.10 per share at the company’s election at any time and automatically upon the company obtaining financing of $1 million or more or upon consummation of such other transaction that, in the opinion of the Board, allows for the generation of at least $1 million in revenue.

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