Replies to post #76612 on Third Bench Inc (THBD)

[PennyMillions852]

PB if that happens, I'll buy you drinks and dinners for a week!

[tigerpac]

I wouldn't be so sure about JC's consulting gig being up soon. Here is the exact quote from the 8-k:

Pursuant to the terms of the Acquisition, the current officers and directors of the Company shall, at the closing of the Acquisition, resign and appoint the officers and directors as directed by Holdings. The current CEO, Jeffrey M. Canouse, will be retained for a period of three (3) months to assist in the transition at a monthly salary rate of $5,000 (USD) per month. This retention can be extended upon mutual agreement between Jeffrey Canouse and the Company.

As of today the acquisition HAS NOT been closed. The way it's worded above, the three months may start after the closing so JC can "assist" the new owners with OTC quarterly filings and such. And it can always be extended monthly.