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An update from Mitesco (MITI) is now available.
On July 29, 2024, the Company brought on board Mr. Brian Valania, an expert in database software and data center services, through a Consulting Agreement. Recognizing his expertise, the Board approved a reward of 200,000 restricted common stock shares for Mr. Valania, contingent on performance and his continued service with the company. Half of these shares are already deemed earned, while the rest are scheduled to be earned by the end of 2024 and mid-2025. This strategic move will incur a $50,000 charge in the third quarter of 2024. Additionally, the Company has publicized developments in its Centcore, LLC division with a press release.
For detailed information about MITI stock, go to TipRanks’ Stock Analysis page.