InvestorsHub Logo

JamesE_

07/01/17 2:30 AM

#39066 RE: Blingsauces #39063

You're right, we'll probably know for sure in 6 weeks.
However, we can make an educated guess based on the last 10K and previous SEC Form 4s:

7/1/15 Neary signed a 2 year employment contract as COO/CFO for $375K/yr + 750K shares as a yearly bonus.
8/5/15 Neary acquires 2.750M shares valued at about $605K, obviously his salary & bonus.
6/16/16 Neary acquires 1.950M + 750K shares @$0.00, salary & bonus.
1/3/17 Neary acquires 1.397M + 750K shares @$0.00, partial year's salary & yearly bonus.

I don't know how you explain the 3.5M shares @ $0.66 from 1/29/16 and the 4.0M shares @ $0.125 from 5/19/17 except as a purchase. They DO NOT appear to be part of his employment contract as reported in the 10K.