I see that Lamberts has already answered your questions(thanks Lamberts)
You may review the info in the following documents:
Secondly, we have had some questions about the Independent Manager role as it relates to
the Management Committee of PDS (the joint venture entity through which MMP Portfolio results flow).
The previous Independent Manager’s contract ended on May 31, 2010, and as such this role has not been
filled. At this time, Carlton Johnson, Patriot Board member and our representative on the PDS Management
Committee, has been granted oversight of PDS’ banking activities.
8-K (Filed: 13-08-2010)sub doc 2
For Fiscal Year Ended May 31, 2010 for Carlton Johnson
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2.
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Consists of $28,800 board fee, $36,000 Phoenix Digital Solutions, LLC management committee fee, $28,800 Compensation Committee Chair fee and $28,800 Executive Committee Chair fee.
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10-K (Filed: 16-08-2010
