Post by
Guytorule on Aug 21, 2024 4:53pm
Particular New Lie in Video!!
CEO stated he purchased $546K in shares recently this year..this relates to the $546K debit last January 2024 as per new release, that he had with the company and its conversion to shares at .20 cents, where he acquired the shares in exchange for that so-called debit ( paper invoice ) owed. That was a service to the company that he provided over and above his annual combined salary package to the tune of $1.2 Million as stated in their financials so filed. This transaction doesn't sound like he actually put out cash of $546K as he stated..it was a so-called large debt conversion. Did anyone spot that in the video. Another sad event for the CEO .
Comment by
gamaray on Aug 21, 2024 5:03pm
good catch! I am going through their annual report and latest financials to check what else they are hiding. Interesting management style.
Comment by
Guytorule on Aug 21, 2024 5:18pm
Here's link below of year end 2023 MD&A...Page 14 outlines management compensation : https://trillion-aws-bucket.s3.ca-central-1.amazonaws.com/reports/1714501561400-2023%20-%20Q4%20-%201.B%20-%20Year%20End%20Trillion%20MDA.pdf