Company: CCCP
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001477932-25-001313
Chunk: 241

Company: Crona Corp.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 241
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. since 1999 and has spent the majority of the last five years operating the business.

 10Table of Contents

Lucille Zdunich

Lucille Zdunich has had a 30-year career in residential and commercial real estate sales. She is currently President of her private Real Estate Investment company La Luna Ventures Inc. which she founded in 2010 in British Columbia. She is also Founder and President of El Sol Ventures Inc. a private California company established in 2018 that currently focuses on commercial retail real estate. Lucille also brings expertise in marketing and management having founded Pinnacle Drilling Products in 2009, she also served as the organizations Executive Director of Marketing.

AUDIT COMMITTEE

We do not have an audit committee financial expert. We do not have an audit committee financial expert because we believe the cost related to retaining a financial expert at this time is prohibitive.

SIGNIFICANT EMPLOYEES

We have no employees other than our President who currently devotes approximately twenty hours per week to company matters. We intend to hire employees on an as needed basis.

Item 11. Executive Compensation

The following tables set forth certain information about compensation paid, earned or accrued for services by our President, and Secretary and all other executive officers (collectively, the “Named Executive Officers”) for the years ended December 31, 2024 and 2023.

SUMMARY COMPENSATION TABLE

Name and Principal PositionYearSalary (US$)Bonus (US$)Stock Awards (US$)Option Awards (US$)Non-Equity Incentive Plan Compensation (US$)Nonqualified Deferred Compensation Earnings (US$)All Other Compensation (US$)Total (US$)Demetrios Malamas(Director)2024--------2023--------Lucille Zdunich(Director)2024--------2023--------Robert Brown(Director)2024--------2023--------Chris Brown(Director)2024--------2023-------- 

There are no current employment agreements between the company and its sole officer. The compensation discussed herein addresses all compensation awarded to, earned by, or paid to our named executive officer. There are no other stock option plans, retirement, pension, or profit-sharing plans for the benefit of our officers and directors other than as described herein.

CHANGE OF CONTROL

As of December 31, 2024, we had no pension plans or compensatory plans or other arrangements that provide compensation in the event of a termination of employment or a change in