InvestorsHub Logo
icon url

MONEYMADE

05/30/13 5:58 PM

#20613 RE: OTC_Pink_Picks #20611

Let's see:

JUST A SMALL SAMPLE...

06/07/2005 SHAHER HAWATMEH
Chief Operating Officer 1,421,560 CIRT Proposed Sale (Form 144)
estimated proceeds of $52,597.72

05/25/2005 IEHAB J HAWATMEH
Officer and Director 1,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $40,000.00

05/10/2005 IEHAB J HAWATMEH
Officer and Director 1,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $38,000.00

03/31/2005 RAED HAWATMEH
Affiliated Person 1,492 CIRT Proposed Sale (Form 144)
estimated proceeds of $50.73

02/10/2005 IEHAB J HAWATMEH
Officer and Director 200,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $7,020.00

02/09/2005 IEHAB J HAWATMEH
Officer and Director 2,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $78,000.00

02/03/2005 TREVOR M SALIBA
Director 2,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $82,000.00

01/04/2005 RAED HAWATMEH
Director 1,391,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $47,294.00

06/17/2004 IEHAB J HAWATMEH
Officer and Director 1,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $56,000.00

06/01/2004 TREVOR M SALIBA
Director 750,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $41,250.00

05/21/2004 RAED HAWATMEH
Director 3,039,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $194,496.00

04/29/2004 SHAHER HAWATMEH
Chief Operating Officer 3,100,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $244,900.00

04/12/2004 IEHAB J HAWATMEH
Officer and Director 450,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $29,250.00

03/30/2004 RAED HAWATMEH
Director 851,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $61,272.00

03/15/2004 IEHAB J HAWATMEH
Officer and Director 300,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $19,200.00

03/11/2004 TREVOR M SALIBA
Director 750,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $36,750.00

03/03/2004 RAED HAWATMEH
Director 665,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $19,285.00

02/12/2004 IEHAB J HAWATMEH
Officer and Director 1,600,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $43,200.00

12/29/2003 TREVOR M SALIBA
Director 1,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $16,300.00

12/03/2003 IEHAB J HAWATMEH
Officer and Director 1,400,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $30,800.00
............................
............................

icon url

MONEYMADE

05/30/13 6:00 PM

#20614 RE: OTC_Pink_Picks #20611

Separation Pay:

On March 5, 2010, the Company entered into a Separation Agreement ("Agreement") with Shaher Hawatmeh. As of the date of the Agreement, Shaher Hawatmeh's employment with the Company was terminated and he no longer has any further employment obligations with the Company. In consideration of his execution of this Agreement, the Company will pay Shaher Hawatmeh's "Separation Pay" of $210,000 in twenty-six bi-weekly payments. The first payment of the Separation Pay was to begin on March 19, 2010. On April 2, 2010, the Company made the first payment to Shaher Hawatmeh. Additional terms of the separation agreement include payment of all amounts necessary to cover health and medial premiums on behalf of Shaher Hawatmeh, his spouse and dependents through April 20, 2010, all outstanding car allowances and expense ($750) due and owing as of February 28, 2010, satisfaction and payment by the Company (with a complete release of Shaher Hawatmeh) of all outstanding amounts due and owing on the Company Corporate American Express Card (issued in the name of Shaher) and the issuance and delivery to Shaher Hawatmeh of ten million (10,000,000) share of the Company's common stock within a reasonable time following authorization by the Company's shareholders of sufficient shares to cover such issuance. The fair market value of the shares aggregated to $50,000 as of March 5, 2010, based on the $.005 per share value as of the effective date of the separation agreement, and has been included in accrued liabilities as of September 30, 2010