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Management and Director Compensation
12 Months Ended
Dec. 31, 2024
Management And Director Compensation  
Management and Director Compensation

Note 16 – Management and Director Compensation

 

The Company paid its officers cash compensation totaling $1,850,243 and $1,515,000 for the years ended December 31, 2024 and 2023, respectively. Of these amounts attributable to the Company’s CEO, $800,000 and $0, respectively was paid to Advanomics Corporation, a company controlled by the CEO of the Company. In addition, the Company’s CEO was paid $12,000 in 2024 through the issuance of 120,000 shares of Series B Preferred Stock valued at $12,000.

 

The Company paid its five directors cash compensation of $80,000 each, totaling $400,000 for the years ended December 31, 2024 and 2023.