I have a problem with this at this time: I firmly
Post# of 40991
(Total Views: 567)
Posted On: 05/07/2019 10:10:48 AM
I have a problem with this at this time: I firmly believe in paying anyone there worth this is over board IMO: He is the only one making money here beside the flippers, 12.5% in sells commissions of the Accounts Receivable is ok if he collects it and it doesn't look like he's doing a good job of collecting any of it.
Now he makes 20K a month plus the commissions. For this kind of money what's wrong in expecting him to be up front with the shareholders not all the BS he puts out and its plenty, we as shareholders deserve better than this now he has no credibility with any new investors to come in..
Think about it if you weren't already here invested would you invest at this time
Here is what Steve was paid below,
This is from the 1-A filing 4/02/2019
Steve Berman, CEO
2018
$195,000.00
2017
$120,000.00
The Company entered into an Employment Agreement with Mr. Berman as of March 9, 2016 which provides compensation to Mr. Berman at the rate of $10,000 per month and which grants Mr. Berman the right to acquire up to 50,000,000 shares of the Company’s restricted common shares at a price of $0.0001 per share, plus the grant of 70,000,000 stock options exercisable at the rate of 2,500,000 common shares per calendar quarter over 7 years at a price equal to the lowest daily trading price in the previous quarter. Through July 31, 2017 he was also entitled to receive a profit incentive bonus by way of sales commissions equal to 25% of the value of all new executed contracts, net of any payments to outside services, derived by the Company from such new contracts. Mr. Berman voluntarily agreed to reduce his commission rate commencing August 1, 2017 to 12.5%. The Company has the right to terminate Mr. Berman’s Employment Agreement at any time upon payment of 6 months salary payable in 16 monthly installments following termination.
Now he makes 20K a month plus the commissions. For this kind of money what's wrong in expecting him to be up front with the shareholders not all the BS he puts out and its plenty, we as shareholders deserve better than this now he has no credibility with any new investors to come in..
Think about it if you weren't already here invested would you invest at this time
Here is what Steve was paid below,
This is from the 1-A filing 4/02/2019
Steve Berman, CEO
2018
$195,000.00
2017
$120,000.00
The Company entered into an Employment Agreement with Mr. Berman as of March 9, 2016 which provides compensation to Mr. Berman at the rate of $10,000 per month and which grants Mr. Berman the right to acquire up to 50,000,000 shares of the Company’s restricted common shares at a price of $0.0001 per share, plus the grant of 70,000,000 stock options exercisable at the rate of 2,500,000 common shares per calendar quarter over 7 years at a price equal to the lowest daily trading price in the previous quarter. Through July 31, 2017 he was also entitled to receive a profit incentive bonus by way of sales commissions equal to 25% of the value of all new executed contracts, net of any payments to outside services, derived by the Company from such new contracts. Mr. Berman voluntarily agreed to reduce his commission rate commencing August 1, 2017 to 12.5%. The Company has the right to terminate Mr. Berman’s Employment Agreement at any time upon payment of 6 months salary payable in 16 monthly installments following termination.
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