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  4. Imagination TV, Inc. (IMTV) Message Board

Steve, one question. Unknowable answer? Joseph Co

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Post# of 45510
Posted On: 04/29/2013 8:49:50 PM
Posted By: HowzItgoing
Re: ICPA #26266

Steve, one question. Unknowable answer?

Joseph Collins's motivation?

> How could he possibly say misleading, false and inaccurate documents when the filings were independently audited? Has he been hammering you about this per his statements?

My only guess is that this is somehow related to his $200K, which is dependent on raising $3M. Does he think that the capital raise, recorded incorrectly, met or exceeded that amount, and therefore he expects $200K?

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.

Any chance of a group hug?

> Agency for Dispute Resolution
See previous post: 26145



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