I'm sure that there is a much better explanation than any tiff between parties. The past year has impacted everyone in one way or another and it appears to have been disruptive to business here as well and stated as so in the May 8K. As a result the strategy and time line has changed and the intended purpose of the consultants work must adjust accordingly. Stick with the fact that no compensation has been requested as of the last quarterly report. The consultant still receives royalties from sales. Just my opinionated read of the information available.
Pursuant to the Agreement, the Company agreed to issue to the Consultant 68,700,000 shares of the Company’s common stock, which was equal to approximately 5% of the Company’s outstanding common stock on a fully diluted basis as of the Effective Date. Further, the Company has agreed to issue to the Consultant, the later of one year after the Effective Date or upon Consultant’s request, an additional 68,700,000 shares of the Company’s common stock, unless Consultant has provided the Company with written notice of its intention not to extend the Initial Period. As of the date of this Quarterly Report on Form 10-Q, the Company has not yet received notice from the Consultant requesting issuance of any of the shares pursuant to the Agreement.