Leadership & Pay ·
American Fusion, Inc. appointed John Gerdin to its Board of Directors and engaged JRMS Consulting LLC via a consulting…
RNWFRenewal Fuels, Inc.
American Fusion, Inc. appointed John Gerdin to its Board of Directors and engaged JRMS Consulting LLC via a consulting agreement providing board governance, strategic advisory, and capital markets services for a $2,000 monthly cash retainer. The agreement includes a contingent equity purchase right vesting upon a 'Restructuring Event' (such as a stock split or recapitalization), allowing acquisition of shares valued at $240,000 based on the closing price at that time, with an automatic one-year anniversary adjustment to ensure minimum value if the stock price declines. This arrangement creates potential future dilution for existing shareholders and is classified as a related person transaction. American Fusion operates in the advanced energy sector, developing next-generation fusion energy technologies.