Preferred Restaurant Brands, Inc. - FORM 10-Q - EX-10 - COMPENSATION APPROVED FOR DIRECTORS AND EXECUTIVE OFFICER - January 11, 2013

Attached files

file filename
10-Q - FORM 10-Q FOR 11-30-2012 - Preferred Restaurant Brands, Inc.form_10-q.htm
EX-31 - RULE 13A-14(A) OR RULE 15D-14(A) CERTIFICATION - Preferred Restaurant Brands, Inc.ex_31-1.htm
EXCEL - IDEA: XBRL DOCUMENT - Preferred Restaurant Brands, Inc.Financial_Report.xls
EX-32 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 - Preferred Restaurant Brands, Inc.ex_32-1.htm

Exhibit 10.1


COMPENSATION APPROVED FOR DIRECTORS AND EXECUTIVE OFFICER


In June 2012 our Board of Directors approved the issuance of 40,000 shares of our common stock to our Vice President, Anthony Q. Joffe, as compensation. Such issuance was subject to our common stock being approved for broker dealer market making by FINRA and initiation of trading. Such conditions to issuance were met as of December 12, 2012.


In June 2012 our Board of Directors approved the issuance of 20,000 shares of common stock to each of our directors, 100,000 shares in total, as compensation. Such issuances were subject to our common stock being approved for broker dealer market making by FINRA and initiation of trading.  Such conditions to issuance were met as of December 12, 2012.


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