Outrageous Salaries ! Scandalous !!
Thanks Eugene for pointing this out
This is from the June 8th Form 51 filling.
Its just Scandelous this guys are paying themselves 200 000$ -300 000$ in cash per year
PLUS !!!
450 000 shares a year !!
Plus rights on more shares """" LOL ???
FOR WHAT ???
They arnt even full time for FXcks sake and they brought in 0$$$
This is just Legal theft if you ask me...
STATEMENT OF EXECUTIVE COMPENSATION
FORM 51-102F6V
NEXOPTIC TECHNOLOGY CORP.
(the “Company”)
For the purpose of this statement of executive compensation:
“CEO” of the Company means an individual who acted as Chief Executive Officer of the Company, or acted
in a similar capacity, for any part of the most recently completed financial year;
“CFO” of the Company means an individual who acted as Chief Financial Officer of the Company, or acted
in a similar capacity, for any part of the most recently completed financial year;
“Executive Officer” of an entity means an individual who is:
a. the chair of the Company, if any;
b. the vice-chair of the Company, if any;
c. the president of the Company;
d. a vice-president of the Company in charge of a principal business unit, division or function
including sales, finance or production;
e. an officer of the Company (or subsidiary, if any) who performs a policy-making function in
respect of the Company; or
f. any other individual who performs a policy-making function in respect of theCompany;
“Named Executive Officers or NEOs” means:
a. the CEO of the Company;
b. the CFO of the Company;
c. each of the Company’s three most highly compensated executive officers, or the three most
highly compensated individuals acting in a similar capacity, other than the CEO and CFO, at
the end of the most recently completed financial year whose total compensation was,
individually, more than $150,000;
d. any additional individuals for whom disclosure would have been provided under paragraph (i)
above except that the individual was not serving as an executive officer of the Company, nor
in a similar capacity, as at the end of the most recently completed financial year end.
As of December 31, 2021, the Company had three “Named Executive Officers”, namely Richard Geruson,
Chairman, Paul McKenzie, CEO, and Samantha Shorter, CFO of the Company.