Both parties agreed to mediate, and a mediation took place on September 8, 2006. The case was resolved for $115,000 of cash and 1.5 million shares of our common stock.
Latest s-8 A. Lonnie L. Bookbinder hereby acknowledges receipt of $50,000 and 1.5 million restricted shares of DNAPrint Genomics, Inc., paid and issued in accordance with the Settlement Agreement and Release referenced above.
B. In lieu of the remaining payment due under the Settlement Agreement and Release of $65,000, Lonnie L. Bookbinder agrees to accept, and DNAPrint Genomics, Inc. agrees to pay to Lonnie L. Bookbinder, the amount of $40,000 on or before February 20, 2007 and, pursuant to an S8 filing, issue to Lonnie L. Bookbinder 2.7 million shares of DNAPrint Genomics, Inc.
News 
Market Data 
Discover 
AI
