Tracker Corporation America (TRKR) Message Board

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Microcap & Penny Stocks : Tracker Corporation America (TRKR)

TRKR 0.0000300

0.0%

Mar 7 3:00 PM EST

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To: Kelly who started this subject	3/6/2001 8:33:10 AM
From: thomas a. burke	Read Replies (1) of 1877

TRKR just filed an S-8 to support wages and compensation: ================================================================================== AMENDED 2001 STOCK WAGE AND FEE PAYMENT PLAN THIS PLAN is amended and adopted as of this 1st day of March, 2001, for the benefit of certain employees, consultants and directors of The Tracker Corporation of America, a Delaware corporation (the "Company"). Introduction ------------ A. The Company wishes to preserve its operating capital and reduce its monthly cash needs. B. The Company wishes to retain and motivate eligible employees, consultants and directors, and to provide them with incentives and rewards more directly linked to the profitability of the Company's business and increases in stockholder value. C. The Company believes its best interests will be served by issuing shares of the Company's $0.001 par value common stock (the "Common Stock"), where possible, in lieu of otherwise payable wage payments or fees. ================================================================================== freeedgar.com ================================================================================== Cash is king and TRKR is trying to save what little they have. You were right Patwrk, dilution is unavoidable. Tom B.

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