| RELATED PARTY TRANSACTIONS |
NOTE 12 — RELATED PARTY TRANSACTIONS
In addition to the shares of Series A Preferred Stock and notes and warrants issued to Jackson, the following are other related party transactions:
Board and Committee Members
|
|
|
Nine Months Ended September 28, 2024
|
|
Cash
Compensation
|
|
Shares
Issued
|
|
Value of
Shares
Issued
|
|
Compensation
Expense
Recognized
|
|
Dimitri Villard
|
|
$
|
75 |
|
24,000 |
|
$
|
60 |
|
$
|
135 |
|
Nick Florio
|
|
|
75 |
|
25,000 |
|
|
60 |
|
|
135 |
|
Vincent Cebula
|
|
|
75 |
|
24,000 |
|
|
60 |
|
|
135 |
|
Alicia Barker
|
|
|
—
|
|
24,000 |
|
|
55 |
|
|
55 |
|
Brendan Flood
|
|
|
—
|
|
24,000 |
|
|
55 |
|
|
55 |
| |
|
$
|
225 |
|
121,000 |
|
$
|
290 |
|
$
|
515 |
|
|
|
Nine Months Ended September 30, 2023
|
| |
|
Cash
Compensation
|
|
Shares
Issued
|
|
Value of
Shares
Issued
|
|
Compensation
Expense
Recognized
|
|
Dimitri Villard
|
|
$
|
75 |
|
3,000 |
|
$
|
48 |
|
$
|
123 |
|
Jeff Grout
|
|
|
50 |
|
2,000 |
|
|
40 |
|
|
90 |
|
Nick Florio
|
|
|
50 |
|
2,000 |
|
|
40 |
|
|
90 |
|
Vincent Cebula
|
|
|
58 |
|
3,000 |
|
|
48 |
|
|
106 |
|
Alicia Barker
|
|
|
—
|
|
3,000 |
|
|
50 |
|
|
50 |
|
Brendan Flood
|
|
|
—
|
|
3,000 |
|
|
50 |
|
|
50 |
| |
|
$
|
233 |
|
16,000 |
|
$
|
276 |
|
$
|
509 |
|
|
|
Three Months Ended September 28, 2024
|
| |
|
Cash
Compensation
|
|
Shares
Issued
|
|
Value of
Shares
Issued
|
|
Compensation
Expense
Recognized
|
|
Dimitri Villard
|
|
$
|
25 |
|
21,000 |
|
$
|
45 |
|
$
|
70 |
|
Nick Florio
|
|
|
25 |
|
21,000 |
|
|
45 |
|
|
70 |
|
Vincent Cebula
|
|
|
25 |
|
21,000 |
|
|
45 |
|
|
70 |
|
Alicia Barker
|
|
|
—
|
|
21,000 |
|
|
44 |
|
|
44 |
|
Brendan Flood
|
|
|
—
|
|
21,000 |
|
|
44 |
|
|
44 |
| |
|
$
|
75 |
|
105,000 |
|
$
|
223 |
|
$
|
298 |
|
|
|
Three Months Ended September 30, 2023
|
| |
|
Cash
Compensation
|
|
Shares
Issued
|
|
Value of
Shares
Issued
|
|
Compensation
Expense
Recognized
|
|
Dimitri Villard
|
|
$
|
25 |
|
|
1,000 |
|
$
|
8 |
|
$
|
33 |
|
Jeff Grout
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
Nick Florio
|
|
|
25 |
|
|
—
|
|
|
—
|
|
|
25 |
|
Vincent Cebula
|
|
|
8 |
|
|
1,000 |
|
|
8 |
|
|
16 |
|
Alicia Barker
|
|
|
—
|
|
|
1,000 |
|
|
8 |
|
|
8 |
|
Brendan Flood
|
|
|
—
|
|
|
1,000 |
|
|
8 |
|
|
8 |
| |
|
$
|
58 |
|
$
|
4,000 |
|
$
|
32 |
|
$
|
90 |
|
NOTE 16 — RELATED PARTY TRANSACTIONS
In addition to the Series A Preferred Shares and notes and warrants issued to Jackson, the following are other related party transactions:
Board and Committee Members
|
|
|
Twelve Months Ended December 30, 2023
|
|
Cash
Compensation
|
|
Shares
Issued
|
|
Value of
Shares
Issued
|
|
Compensation
Expense
Recognized
|
|
Dimitri Villard
|
|
$
|
75 |
|
30,000 |
|
$
|
48 |
|
$
|
123 |
|
Jeff Grout
|
|
|
50 |
|
20,000 |
|
|
40 |
|
|
90 |
|
Nick Florio
|
|
|
75 |
|
20,000 |
|
|
40 |
|
|
115 |
|
Vincent Cebula
|
|
|
58 |
|
30,000 |
|
|
48 |
|
|
106 |
|
Alicia Barker
|
|
|
—
|
|
30,000 |
|
|
50 |
|
|
50 |
|
Brendan Flood
|
|
|
—
|
|
30,000 |
|
|
50 |
|
|
50 |
| |
|
$
|
258 |
|
160,000 |
|
$
|
276 |
|
$
|
534 |
|
|
|
Twelve Months Ended December 31, 2022
|
| |
|
Cash
Compensation
|
|
Shares
Issued
|
|
Value of
Shares
Issued
|
|
Compensation
Expense
Recognized
|
|
Dimitri Villard
|
|
$
|
100 |
|
10,600 |
|
$
|
34 |
|
$
|
134 |
|
Jeff Grout
|
|
|
100 |
|
10,600 |
|
|
34 |
|
|
134 |
|
Nick Florio
|
|
|
100 |
|
10,600 |
|
|
34 |
|
|
134 |
|
Vincent Cebula
|
|
|
100 |
|
10,600 |
|
|
34 |
|
|
134 |
|
Alicia Barker
|
|
|
—
|
|
10,600 |
|
|
34 |
|
|
34 |
|
Brendan Flood
|
|
|
—
|
|
10,000 |
|
|
30 |
|
|
30 |
| |
|
$
|
400 |
|
63,000 |
|
$
|
200 |
|
$
|
600 |
Appointment of Directors and Officers
On November 4, 2022, the Board of the Company appointed Mr. Joe Yelenic, Senior Vice President, Corporate Finance, as the principal financial officer of the Company.
On January 9, 2024, the Board of the company appointed Ms. Melanie Grossman, Senior Vice President, Corporate Controller, as the principal accounting officer of the Company, effective as of the same date.
|