2017 What a disaster, page-31

Check this out over at CTR.

Gary's Company Pearl Global getting involved here.

Can see why he moved from CEO at TSN to concentrate on this and appointed our new Guy to run things that is really helping us along.

Details below from a revised prospectus at CTR.

1. Under these agreements, each of Gary Foster and Andrew Drennan is entitled to:
   • a sign on fee of $150,000,
   • a further payment of $150,000 on the first anniversary of the commencement date (which payment may either be made in cash or in shares in the Company at the last capital raising price)
   • an annual salary of $300,000 inclusive of superannuation.
   Additionally, subject to meeting the relevant KPIs as determined under each agreement, each of Gary Foster and Andrew Drennan is entitled to:
   • a short term incentive payment of $300,000 on the first anniversary of the commencement date;
   • a medium term incentive payment of $450,000 on the third anniversary of the commencement date, and
   • a long term incentive payment of 1 cent per kilogram of feedstock processed from a TDU from the 12 month anniversary of successful operations as determined by the Board.
   
   
   At least someone is making money out of this debacle!