Replies to post #39447 on Hemi Energy Group Inc. (fka HMGP)

[Badge714]

If we get an annual report it's possible to prove this. The last report shows he issued himself 8 million shares.

[oldfart9]

As of a year or two ago, Keith issued himself restricted shares at the end of each year to supplement his relatively low salary. Since the "deficit" was a dollar amount, the lower the share price, the more shares received. In the "big picture", he would come out miles ahead. I don't know if this activity is still practiced at the present time.