AT LEAST SOMEONE IS MAKING MONEY Key management compensation is comprised of the following:
Six months ended September 30, 2018
Short term benefits $ 455,566
Share-based compensation (including bonus shares) $ 354,393
The Company is party to certain management contracts. These contracts require that additional payments of $5,061,000 be made upon the occurrence of certain events such as change of control. As a triggering event has not taken place, the contingent payments have not been reflected in these consolidated financial statements. Additional minimum management commitments remaining under agreements are approximately $860,833 due within one year.