WAG Since Mr. Collins seems so concerned about th
Post# of 45510
WAG
Since Mr. Collins seems so concerned about the location of the books and apparently disbelieves an independent audit, he may be looking for his $200K, which is dependent on raising $3M.
He received 150M shares. If he would concentrate on increasing the pps to, say, $1, he would be a very happy man.
From all appearances, just another corp food fight, definitely not the purview of the SEC.
On July 10, 2012 the Company entered into an executive employment agreement with Joseph Collins in the capacity as President and Co-Chairman of the Board of Directors. The agreement provides for compensation of $200,000 per year upon completion of capital raise of $3,000,000 and the immediate issuance of 150,000,000 common shares. Additional shares are to be issued on a progressive level upon the successful raise of capital and additional incentive issuances upon meeting certain business benchmarks.