"On February 8, 2017, the Company entered into an employment agreement with Mr. George Glasier, its Chief Executive Officer. The employment agreement is for the term of January 1, 2017 through December 31, 2018, with automatic annual renewals unless the Company or Mr. Glasier were to provide 90 days written notice of their desire to not renew the agreement. The employment agreement provides for a base salary of $180,000 per annum and a discretionary annual cash bonus to be determined by the board of directors."