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Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap between science and tradition and to develop pharma-grade extracts and derivatives. The company is currently developing new product lines as the recreational market is expected to allow for food and beverage-based cannabis products.


GREY:BLEVF - Post by User

Comment by Wallhallaon Nov 30, 2019 12:13pm
151 Views
Post# 30408907

RE:AT LEAST SOMEONE IS MAKING MONEY

RE:AT LEAST SOMEONE IS MAKING MONEY
Non-Equity Incentive Plan Compensation


Name and Principal Position Financial Period Salary ($) Share-Based Awards ($) Options Based Awards ($) Annual Incentive Plans Long-Term Incentive Plans Pension Value ($) All Other Compensation ($) Total Compensation ($)
Bill Panagiotakopoulos 2018 300,000 1,920,000 Nil Nil Nil Nil 12,000 2,232,000
Kevin Keagan 2018 68,650 75,000 525,000 Nil Nil Nil Nil 668,650
Roger Ferreira(1)(2) 2018 150,000 304,000 Nil Nil Nil Nil 12,000 454,000
Andrew Wnek(2) 2018 300,000 760,000 Nil Nil Nil Nil 12,000 1,072,000
Bojan Krasic(1) 2018 275,760 1,920,000 Nil Nil Nil Nil 10,000 2,205,760
                   







Wallhalla wrote:
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.


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