1) He has been a director since 2005 and has 26,124,802 shares 2) Many of the shares he received were from financing ACT in the form of Converible debentures. 3) He doesn't take cash for his services but rather stock at 150%(see below) 4) To my knowledge he has never sold any shares
Each director is entitled to receive payment of their fees in the form of shares of the Company’s Common Stock valued at 150% of their fees.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.