The company is using stock to compensate its licensees who perform needed functions for startup and continuing operations. The compensatory shares are restricted and may not be sold or transferred to the public. A public offering of stock is expensive. Often the extra overhead and reporting hampers the ability of the company to perform its core functions. A core philosophy if the company is the minimization of unproductive overhead to keep license cost as low as possible.
Licensees handle all functions normally allocated to employees as jobs.
Licensees competitively bid their services for compensatory shares in the company. There are many opportunities for Licensees to use their skills or assets to perform ETT related work leading to mutual rewards. The proposals and bids are reviewed, ranked and awarded according to demand and merit. Inc. All rights reserved.