Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 30, 2018, the Registrant agreed to issue Ms. Angelina Galiteva, Director of the Registrant, 10,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. Haris Basit, Director of the Registrant, 500,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Dr. Kevin Schewe, Chairman and CEO of the Registrant, 350,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Dr. Carl Kukkonen, Director and CTO of the Registrant, 150,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. John Carroll, Independent Consultant of the Registrant, 100,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. Jan Vandersande, Independent Consultant of the Registrant, 10,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. Nick Stoll, Independent Consultant of the Registrant, 100,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Ms. Jaclyn Dougherty, Independent Consultant of the Registrant, 10,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. Levi Duran Bermudez, Independent Consultant of the Registrant, 75,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. Jeff LaBerge, Independent Consultant of the Registrant, 100,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.