Bourque Industries Inc (BORK)

[diannedawn]

Pease do enlighten us all

YOU DO REALIZE HES MAKING MORE MONEY NOW

I'll start...
here is FROZ (but he was at FROZ before, so it's a wash anyway)
"Mr. Schissler received no cash compensation and $90,000 of deferred compensation. Deferred compensation is to be paid to Mr. Schissler by January 1, 2014, in cash payments and/or shares of stock in the Company."
LOL!!! Good LUCK dumping THOSE shares!!!

Here is FEEL
"On November 26, 2012, the Company issued 83,333,333 shares of common stock to Red Bowl Trust for the benefit of Matthew Schissler, Trustee as consideration for his annual consulting to the Company and board of director duties."
"Pyrenees Investments, LLC (whose Managing Member is Matthew Schissler, the Company’s Chairman of our Board of Directors) and the Company entered into a one year consulting agreement which includes providing various financial and business advice to the Company. The agreement provides for compensation of $250,000 of Company restricted common shares. The agreement is an exhibit to the Company’s Form 8-K filed on November 29, 2012."
GOSH! I sure hope he can get the restriction off those shares,
and dump them before they TANK!!! LOL!!!

BORK??? What IS he getting paid here???

Here was what he was getting as CEO and Chairman of CBAI
"On July 16, 2008, CBAI entered into a one-year employment agreement with Matthew L. Schissler (the "Executive Agreement"). Pursuant to his Executive Agreement, Mr. Schissler serves as Chairman and Chief Executive Officer of CBAI at an annual salary of $165,000 through July 14, 2009. The Executive Agreement entitles Mr. Schissler to receive a performance bonus of up to 30% of his salary, as well as certain other benefits, including stock options. Mr. Schissler is subject to non-competition and confidentiality requirements. This agreement will automatically be renewed for a period of two years, with an increase in base salary of 5%."
By 2011 he pulled down
"Matthew L. Schissler
Chairman and Chief Executive Officer
2011 181,913(base) 54,574(bonus...'cuz he did SUCH A SWELL JOB!!!)
Total: $236,486 ...yeah...that was in CASH...not SHARES!

But don't forget that he was ALSO collecting under "Pyrenees"!!!
"On January 1, 2010, the Company entered into a consulting agreement with Pyrenees Consulting, LLC (“Pyrenees Consulting”), mislabeled in the agreement as Pyrenees Capital, LLC. Pyrenees Consulting is owned 50% by Stephanie Schissler, who is the spouse of the Company’s CEO, Matthew Schissler, and 50% by Mathew Schissler. The consulting agreement was entered for consulting services provided by Pyrenees Consulting, to be performed by Stephanie Schissler. The agreement entitles Pyrenees to a monthly retainer of $12,500 and stock option incentives for its services in relation to strategic corporate planning and other business related matters. The agreement term was 12-months and it automatically renewed for an additional 12-month period in 2011with a 5% increase in the monthly retainer to $13,125.

$13,125 x 12 months = $157,500 + his CEO/Chairman salary and "bonus" = $393,986

...and WHO ARE YOU KIDDING!?!
He was NEVER "IN AN OFFICE 24/7"!!!
BbwahaHAhaHAhaHA!

He was out globe trotting on the SHAREHOLDERS DIME!!!
(courtesy of his "Reimburse Business Expenses. The Company shall pay or reimburse Employee for all reasonable, ordinary and necessary business and travel expenses that may be incurred by him")
and lets not forget his "adventure vacations" that he is so fond of...

IN THE OFFICE 24/7!!! THAT'S A FUNNY ONE!!!
OMG!!! I'm so LMAO!!!