Spine Injury Solutions, Inc. (OTCMKTS:SPIN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
We entered into a letter agreement with Jeffrey A. Cronk, D.C., our Chief Operating Officer, which became effective on September 5, 2017 upon approval of our Board of Directors, under which we agreed to compensate Dr. Cronk $5,000 per month as well as grant him 20,000 restricted shares of common stock immediately and, for the next 12 quarters, grant him 40,000 restricted shares of common stock at the end of each quarter if he achieves certain objectives established by the Board of Directors.
A copy of the of the letter agreement is filed herewith as Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
Spine Injury Solutions, Inc ExhibitEX-10.1 2 ex10-1.htm EX-10.1 Exhibit 10.1 August 18,…To view the full exhibit click
About Spine Injury Solutions, Inc. (OTCMKTS:SPIN)
Spine Injury Solutions, Inc., formally Spine Pain Management, Inc., is a medical services and technology company. The Company facilitates diagnostic services for patients who have sustained spine injuries resulting from traumatic accidents. It delivers solutions to spine surgeons, orthopedic surgeons and other healthcare providers for treatment of musculo-skeletal spine injuries resulting from automobile and work-related accidents. It assists the centers that provide the spine diagnostic injections and treatment and pays the doctors fee for the medical procedures they performed. It owns a device and process by which a video recording system is attached to a fluoroscopic x-ray machine, the four camera technology. Using this technology, diagnostic procedures are recorded from approximately four separate video feeds that capture views from both inside and outside the body, and an audio/video is produced, which is given to the patient’s representative to verify the treatment received.