Posted On: 06/29/2016 3:06:04 PM
Post# of 75087
There was mention of "200,000," restricted shares in exchange for services. Is this the type of share that is 400 to 1 of regular shares? If so, that’s 80,000,000 shares. Will those be added to the current shares available or will they come off the “shelf” from the company? Or is my math wrong?
Stock Compensation Fees:
Within 5 business days upon the execution of this engagement, the Company will deliver 200,000, fully paid for and earned, restricted shares of Rocky Mountain High Brands Inc common stock to Carter Terry & Company. It will be Carter Terry’s right to designate the distribution of these shares to individuals within the firm at their discretion. These shares shall maintain piggy-back registration rights. The Company further agrees to approve and provide payment for the opinion of resale of these shares in the event they have not been registered after 6 months from the anniversary of the execution of this agreement.
Stock Compensation Fees:
Within 5 business days upon the execution of this engagement, the Company will deliver 200,000, fully paid for and earned, restricted shares of Rocky Mountain High Brands Inc common stock to Carter Terry & Company. It will be Carter Terry’s right to designate the distribution of these shares to individuals within the firm at their discretion. These shares shall maintain piggy-back registration rights. The Company further agrees to approve and provide payment for the opinion of resale of these shares in the event they have not been registered after 6 months from the anniversary of the execution of this agreement.
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