Red Giant Entertainment, Inc. (fka REDG)

[SeePalms]

NOTE 8 – RELATED PARTIES

The controlling shareholder has pledged his support to fund continuing operations; however there is no written commitment to this effect.
The SOLE officer of the Company IS involved in other business activities and may, in the future, become involved in other business opportunities that become available. He may face a conflict in selecting between the Company and his other business interests. The Company has not formulated a policy for the resolution of such conflicts.
Mr. Powell also provides rent and other services to the Company through his other ventures.
The Company does not own or lease property or lease office space. The office space used by the Company was arranged by Mr. Powell for the Company’s to use at no charge.
Mr. Powell also provides other services to the Company through his other ventures, which are provided at a determined fair market value.
The Company does not have employment contracts with its key employees, including the controlling shareholder who is an officer of the Company

Benny is one hell of a guy....