"" Mr. Janes is employed pursuant to a consulting agreement for $12,000 per month plus expenses. The Agreement is terminable by either party on 30 days written notice. We owe Mr. Janes $520,328 under the consulting agreement for the year ended December 31, 2010. ""
For 1 year's worth of consulting, IMGG owes him a half million. That means Half of the last private placement went to Dean Janes alone. Nothing else. Not R&D. Not FDA consultants. Half the private placement was to keep Dean happy in 2010!
520,000 / 12 = $43,333 per month
Dean gets $43,000 per month from IMGG according to the 10k
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