Likely independent contractor, e.g., 1099 position
Post# of 22453
Posted On: 12/09/2016 6:00:17 AM
Likely independent contractor, e.g., 1099 positions, covered under his time as a self-employed consultant:
Chief Executive Officer
Marketer International
July 2014 – Present (2 years 6 months)San Francisco Bay Area
He had lots of part-time assignments prior to joining QMC as an outside board member. Of course, that too was a part-time position. Currently, as a "direct" employee and the CEO..., one would assume he's a full-timer. It's possible the other start-ups are just slow to update their web sites. Especially if they lost their marketing guy.
While Sri does have the non-guaranteed variable component of his compensation tied up in QTMM stock, it says something that the board members (Sri, Dan, & Ray) in general, have not purchased many shares or risked their own capital. Sure Craig has shares but he kind of bought his way into the company during one of the fundraising events. http://www.financial-spread-betting.com/strat...lings.html
In terms of QMC's quick adjustment to the pre 14a, who says they were responding to shareholders??? Do the math. It was a dramatic mistake. They likely found it on their own.
335M/400M shares = 84%
with a 25:1 split and a raise to 600M shares it drops to
13/600M shares =2%
followed by
13/100M shares =13%
Clearly, something this extreme had to be unintentional and probably cleaned up by them independent of shareholder concerns. That's why it seemed like a quick response. I'd bet the reduction to 100M shares was an accidental omission that got immediately fixed.
Chief Executive Officer
Marketer International
July 2014 – Present (2 years 6 months)San Francisco Bay Area
He had lots of part-time assignments prior to joining QMC as an outside board member. Of course, that too was a part-time position. Currently, as a "direct" employee and the CEO..., one would assume he's a full-timer. It's possible the other start-ups are just slow to update their web sites. Especially if they lost their marketing guy.
While Sri does have the non-guaranteed variable component of his compensation tied up in QTMM stock, it says something that the board members (Sri, Dan, & Ray) in general, have not purchased many shares or risked their own capital. Sure Craig has shares but he kind of bought his way into the company during one of the fundraising events. http://www.financial-spread-betting.com/strat...lings.html
In terms of QMC's quick adjustment to the pre 14a, who says they were responding to shareholders??? Do the math. It was a dramatic mistake. They likely found it on their own.
335M/400M shares = 84%
with a 25:1 split and a raise to 600M shares it drops to
13/600M shares =2%
followed by
13/100M shares =13%
Clearly, something this extreme had to be unintentional and probably cleaned up by them independent of shareholder concerns. That's why it seemed like a quick response. I'd bet the reduction to 100M shares was an accidental omission that got immediately fixed.
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