BonusesRemember this?
"On August 4, 2021, the Company declared USD $2,740,000 in bonus awards to executives, directors and former directors of the Company...reducing materially management salaries and director fees,"
We were told these bonuses are just on the books and nothing has been paid out.
We have been told the CEO has never received a salary.
Nobody says anything about "consulting fees" though.
Reality is $1,250,789 has been paid.
Over at Captiva Verde Ciachurski compensated himself $587,828 in 2023 including a $101,771 bonus along with Ronnie Strasser was paid USD $8,000/month starting September 1, 2023 and was paid CAD 201,750 for consulting fees prior to his joining of the Board. Not a bad gig to be paid over $200,000 to consult the company on buying your Padel Club for over 3X the price you originally bought it for.
Apparently bonuses are paid for cancelling the JV agreement with Greenbriar.
Debentures paying 12% per annum in which the interests are received up front.
"“Talent hits a target no one else can hit; Genius hits a target no one else can see"