Post by
Romanus1 on Jul 12, 2024 12:06pm
no comment???
Thomas Yingling and Brahma Communications Corp. - The Company entered into an employment agreement with Brahma Communications Inc., a company wholly owned by Thomas Yingling effective March 1, 2017 with regards to the employment of Mr. Yingling as the President and Chief Executive Officer. The agreement is for a 24-month term and is automatically renewed for subsequent 24-month terms unless earlier terminated. Pursuant to the agreement, the Company has agreed to pay Mr. Yingling a base salary of $12,000 per month. A termination clause has been included whereby Mr. Yingling is entitled to an amount that is 14 times the base salary resulting from change of control or termination by the Company. Effective June 2019, compensation was increased to $15,000 per month. An agreement is in good standing.
Comment by
minebuff on Jul 12, 2024 5:37pm
This looks above board --NOT Wow I feel really good about paying 7 cents a share now -NOT