Comment by bigboy999on Dec 01, 2023 4:01pm
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Post# 35764311
RE:a lifestyle co
RE:a lifestyle coAdd to that ............ from Sedar filings for first 9 months of 2023:
The Company has identified its directors and certain senior officers as its key management personnel. During period ended September 30, 2023, the Company incurred the following related party transactions: a) Incurred management fees in the amount of $185,400 (2022 - $165,000) to companies controlled by the Company’s Chief Executive Officer. b) Incurred management fees in the amount of $139,050 (2022 - $123,750) to companies controlled by the Company’s Chief Financial Officer. For the period ended September 30, 2022, the total remuneration of key management personnel was $324,450 (2022 - $288,750) of management fees. The Company made $100,000 advance to the Chief Executive Officer and $100,000 to Chief Financial Officer for future management fees. A retainer balance in the amount of $Nil (2022 - $1,100,000) was paid to a company controlled by a director of the company.
Add to that the compensation they recieve from from AMK and AFF and draw your own conclusions, I'll keep mine to myself ............. BB