CEO Holds Shareholders Interest at Heart Do you want to see the epitome of self serving, pocket lining directors. The so called "disinterested members" entailed ONE director (Phil Fontaine) so he says "Yah, I'm ok with you guys receiving $328,324 per quarter." Of course you guys will approve my cut as well. Right?" Don't forget that Marcello also loaned the company $1.5M last year and was paid back in the full amount at a whopping 37% interest rate. The same day the following occurred - "On June 28, 2021, the Company sold 3,717,000 shares of the Company for $1,486,800 to a person
related to the CEO. The payment has not yet been received as of September 30, 2021. At 40c per share when the stock was trading at 50c per share. Because these shares were not held by an insider they could turn around and sell them all the next day for a 25% profit. Good to be you. "The Debt Settlement was approved by "DISINTERSTED MEMBERS" of the board of directors of the
Company and Mr. Mason, Mr. Blank, Mr. MacDonald, Mr. Leone, Mr. Campbell and Mr. Ciambrelli
abstained on the resolution of the board of directors approving the Debt Settlement as it related
to their respective interests. A special committee was not established in connection with the
approval of the Debt Settlement, and no materially contrary view or abstention was expressed or
made by any director."
Marcello Leone, John Campbell, Martino Ciambrelli, Phil Fontaine, William MacDonald, Howard
Blank and Douglas Mason as directors of the Company