One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: SPLITS,WARRANTS,DILU... ETC.

Paid to the Execs in the context of Nick's post. But I believe there's a success fee of $10m to be paid to INC in 5 annual installments of $2m each once the DA is signed. I'm assuming this is related to the subject (ie, how the execs will get paid). The 6/30/2013 10Q report (from whence I got the above info) doesn't state where the $10m is coming from, so I am assuming its from the new shareholders in LLC (the 40% owners). For those interested, I am referring to page 24 of the aforementioned SEC document, at the bottom of the page.

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