Accrued salary, accrued retirement and incentive fee - related party (Details) - USD ($) |
Dec. 31, 2016 |
Jun. 12, 2014 |
Jan. 02, 2014 |
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Accrued salary, accrued retirement and incentive fee - related party | |||
Company agreed to advance the CEO against the accrued liabilities | $ 944,000 | ||
CEO put his shares owned in an escrow | 100.00% | ||
Shares in an escrow | 5,000,486 | ||
Incentive fee increase in market capitalization | 1.00% | ||
Book value at confirmation bankruptcy | $ 260,000 | ||
Bonus increase in market capitalization | 0.50% | ||
1.00 Increase in stock price up to a maximum per share | $ 8 | ||
Bid price of stock beyond the book value at confirmation of bankruptcy | 4.00% | ||
Accrued incentive fee and bonus expense | $ 190,581 | ||
Shares were placed under a 10b5-1 Plan under third party control | $ 135,000 |
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- Definition Accrued incentive fee and bonus expense No definition available.
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- References No definition available.
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- Definition Bid price of stock beyond the book value at confirmation of bankruptcy No definition available.
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- Definition Bonus increase in market capitalization No definition available.
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- Definition Book value at confirmation bankruptcy No definition available.
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- Definition CEO put his shares owned in an escrow No definition available.
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- Definition Company agreed to advance the CEO against the accrued liabilities No definition available.
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- Definition Incentive fee increase in market capitalization No definition available.
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- Definition 1.00 Increase in stock price up to a maximum per share No definition available.
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- Definition Shares in an escrow No definition available.
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- Definition Shares were placed under a 10b5-1 Plan under third party control No definition available.
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