Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
As previously disclosed, on December 8, 2022, the Board of Directors (the
"Board") of the Company appointed Eduardo Iniguez to serve as the Company's
Interim Chief Executive Officer.
In connection with Mr. Iniguez's appointment as Interim Chief Executive Officer,
on January 11, 2023, the Board approved an annual base salary increase for
Mr. Iniguez equal to $25,000, effective from January 11, 2023 and for so long as
Mr. Iniguez continues to serve as the Interim Chief Executive Officer. The Board
also approved an annual bonus of $15,000 in connection with Mr. Iniguez's
service as Interim Chief Executive Officer.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Description
104 Cover Page Interactive Data File
(embedded within Inline XBRL
document).
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