Post by
GJBigBuffalo on Nov 30, 2021 4:53pm
anyone for POLKA……
If you can sell it once, you can sell it twice, combined YTD out front, at least $1,343,000.00. (Baller). Damn, say it's not so, looks like Gary even increased his salary to a cool $1,000,000.00 USD. Them Altus props got legs. Anyone know what Jim's salary is?
For Gary Yeoman
Company entered into a consulting agreement with YCP (“Consulting Agreement”) that expires in December 2034. The Consulting Agreement provides for an annual base fee of $265, with annual increases in line with any increases in the Consumer Price Index, plus 15% of consideration received by the Company from end customers (the “YCP Fees”) for use of this software. For the three and nine months ended September 30, 2021, the Company incurred YCP Fees of $84 and $366 (three and nine months ended September 30, 2020 – $90 and $312) under the Consulting Agreement, which was included in direct operating expense and technology expense. Two of the principals of YCP are the sons of the Executive Chairman of the Company.
For Jim Albertelli
The Company has also entered into agreements with the JEA Group for (i) space sharing, for the use by the Company of a portion of JEA Group’s premises, equipment, furniture and improvements; and (ii) sublicensing of software by the Company from the JEA Group. With respect to these agreements, the Company incurred expenses of $317 and $977 for the three and nine months ended September 30, 2021
As at September 30, 2021, amounts outstanding related to these agreements totaled $6,833
I see a + EBITDA Q4 too!