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Cartman 3_16

06/30/17 10:22 AM

#39036 RE: CCTCStockOwner #39035

If you're paid in shares, you can't really say "no salaries were paid". But that's a semantic argument that folks can interpret/spin however they see fit. Bigger picture, thanks for confirming that Neary did not purchase those shares.

JamesE_

06/30/17 7:26 PM

#39052 RE: CCTCStockOwner #39035

Damn, that's some heavy compensation... $5M in stock since 2015. I'm calling BS on that one.

Neary's Form 4s since 2015:

1/22/15 2.289M @0 --- Worth $190K @ 0.083 then current pps
8/5/15 2.75M @0.22 = 605K
1/29/16 3.50M @0.66 = 2.3M
6/16/16 2.70M @0.0001 --- Worth $967K @ 0.358 pps
1/3/17 2.146M @0 --- Worth $352K @ 0.164 pps
5/19/17 4.0M @ 0.125 = 500K

= $4.91M

Totals of the par value acquisitions = $1.5M
That was probably his compensation since 2015. When the price is listed on the Form 4, he probably paid for it.