b. James N. Turek received as compensation 5,442,981,629 common shares of Plasticon stock with an aggregate market value at the time of issue of $35,985,952. This is in addition to the salary and bonus of $1,908,000 he was awarded during this period;
c. James N. Turek converted $2,146,173 of debt which Plasticon owed to him into 1,196,876,101 shares of Plasticon’s common stock with a value at the time of issue of $8,234,972.
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Doc 215
09/14/2007 215 Affidavit of John Todd Wright, filed by U.S. Trustee (RE: related document(s)156 Motion to Appoint Trustee,, filed by U.S. Trustee U.S. Trustee). (Daugherty, John) (Entered: 09/14/2007) |
