TGGI CEO Clarke's CYBK shares worth $21.5 MILLION as of
TGGI CEO Clarke's CYBK shares worth $21.5 MILLION as of yesterday closing price Other Company news:
The Company and its CEO have agreed to exchange the CEO's 65 million preferred shares back to common and restrict the newly exchanged common shares for more than a year. The CEO's preferred shares were due to come off restriction next month. CYBK's CEO made the offer and the Company has agreed, to restrict the 65 million common shares until July 1, 2015. The Company raised the authorized shares amount to 200 million to make room for the preferred to common restricted share exchange and for acquisitions/developments in the legalized marijuana industry and other verticals. The Company's CEO states "Exchanging the 65 million shares back to Common and restricting them until July 1, 2015 is the right move for the Company. I am willing to do what it takes to help make our Company successful and increase shareholder value."
http://www.otcmarkets.com/stock/CYBK/news/Cyb...76&b=y
TGGI CEO CLARKE HOLDS 65 MILLION CYBK SHARES x .33= 21,450,000 DOLLARS..
tggi ceo multi-millionaires..
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