RE: Same address31 Mar 2019 12:41
Theking77 if the authorities look deep Zorbas and his associates have been ripping shareholders off for years take a good look at Nwt Uranium corps history in Canada they were investigated there $30 million he took from them, now known as CCC Captor Capital Corp. Oh and he uses Alegana to take funds from there too.
All compensation shown above for Mr. Zorbas’ services were payableto Alegana Enterprises Ltd. (“Alegana”), a company wholly owned by John Zorbas through which Mr. Zorbas provides his services to the Corporation. Alegana is a company controlled by Mr. John Zorbas, the President of the Corporation. Alegana provides consulting services to the Corporation for $220,000 a year under the terms of a written contract that runs for an indefinite term. The consulting fees paid to Alegana are for the function of the President which include, but are not limited to, managing the capital structure and current investment portfolio of the Corporation. Alegana may receive, at the sole discretion of the board of directors, a performance bonus of up to 400% of the annual consulting fee payable by the Corporation to Alegana. All amounts payable by the Corporation to Alegana during the fiscal years ended March 31, 2016 and March 31, 2017 have been deferred by Alegana until the Corporation is in a better financial position. Included in accounts payable and accrued liabilities as at March 31, 2017 owing to Alegana was $531,372 (March 31, 2016 -$307,170). Upon termination of Alegana by the Corporation without cause or a termination following a change of control, the Corporation is obligated to pay Alegana: (a) 1.5 times Alegana’s annual consulting fee; and (b) an amount equal to 1.5 times the amount of all
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