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Learjetter

11/14/19 7:56 AM

#44794 RE: MKAT #44793

Note 9 – Related Party Transactions

 

In addition to the related party transactions detailed in Note 4 above, the Company paid its Officers and Directors cash compensation totaling $3,751 and $41,000 for the three months ended September 30, 2019 and 2018 and $43,952 and $136,131 for the nine month periods ended September 30, 2019 and 2018, respectively. The Company also paid its Officers and Directors non-cash compensation in the form of shares of Common Stock valued $74,100 and $171,000 for the three month periods ended September 30, 2019 and 2018 and $74,100 and $600,300 for the nine month periods ended September 30, 2019 and 2018, respectively.

Scam!