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powerbattles

06/20/23 4:43 AM

#1907 RE: Truenorth2016 #1904

These guys are seriously building the business. Wow! They waived the compensation...

Item 11. Executive Compensation

We have employment agreements with our Chief Executive Officer, President and Chief Financial Officer, each of whom was to be compensated by stock grants accrued monthly based on current share prices or block grants during the period ended December 31, 2022. In consideration of the Company’s financial performance and lack of liquidity during this period, each of our officers waived compensation and we adjusted compensation accordingly.
The Company has no other executive compensation issues which would require the inclusion of other mandated table disclosures.
Director Compensation
Our directors’ compensation is wholly derived from their employment agreement as set out above.

Bullish
Bullish