Replies to post #24077 on Grupo Resilient International Inc (GRUI)

[OC]

How much we paying BA again and for what?

I thought it was only (I say "only" HAHA!) $50k/month. From the SB-2:


(b) Compensation: On a monthly basis Consultant shall be entitled to receive Seventy Five Thousand U.S. Dollars ($75,000.00) per month due on or before the 1st of each month. If payment is made in stock Consultant shall be entitled to receive Seventy Five Thousand U.S. Dollars ($75,000.00) per month worth of Homeland Integrated Security Systems, Inc. (HISC) common stock based upon the previous ten (10) day average closing bid price due and payable on or before the 1st of each month. The first month’s payment shall be due and payable on or before October 1, 2005. All payments will be delivered from the escrow account as described in Section 2.03 below.

Only six more payments left on this contract. We're in the wrong business!!

http://www.sec.gov/Archives/edgar/data/1320734/000126493105000582/ex10_9.htm