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rattlewatch

03/28/12 6:18 PM

#135847 RE: trunkmonk #135845

yup agree,look at the March/June/Sept/ performance add on pps #s,not too much looking forward with these,imo.

Although the timing of these filings RW/early 10K is intersting/confusing,not putting much hope in anything at this point.

Also no mention of subsequent events.

Sadly will have to wait some more,guessing in years .

gl
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"In addition, beginning in the first fiscal quarter of 2012, you will be eligible for a performance bonus equal to an additional 500,000 fully paid and non-assessable shares of Common Stock, such shares to be subject to the restrictions of Rule 144 promulgated pursuant to the Securities Act, per fiscal quarter if either (i) the Company’s Common Stock price (as quoted on the OTCBB) hits the following targets: On March 30, 2012 - $0.108; on June 30, 2012 - $0.119; and on September 30, 2012 - $0.131, or (ii) the average closing price of the Company’s Common Stock (as quoted on the OTCBB) during the corresponding quarter equals the following targets: for the quarter ended March 30, 2012 - $0.108; for the quarter ended June 30, 2012 - $0.119; and for the quarter ended September 30, 2012 - $0.131. If any such date is one on which the Common Stock is not quoted on the OTCBB, then the target date shall be the next day on which the Common Stock is so quoted. The Board of the Company intends to re-evaluate Board compensation after twelve months."

http://www.sec.gov/Archives/edgar/data/919742/000114420412017680/v307041_ex10-36.htm