ITEM 5. OTHER INFORMATION: EMPLOYMENT AGREEMENT WITH CHIEF EXECUTIVE OFFICER (Continued)
In connection with the execution of the Employment Agreement, GreenShift Corporation assigned to Mr. Scozzafava 378,653 shares of GS AgriFuels' Series C Preferred Stock. In the Employment Agreement, GS AgriFuels agreed that no more than 1,037,350 shares of GS AgriFuels Preferred Stock will be issued, and that it will not issue any new preferred shares after the full conversion or other reduction of said 1,037,350 shares.
-> wir halten 33 % an GS Agrifuels |