Voyant International’s (VOYT.OB) Senior Management Converts Owed Back-Pay to Preferred Stock
Voyant International (VOYT.OB), a media holding company focused on bridging innovative technologies, media assets and strategic partnerships to deliver next-generation commercial and consumer solutions, recently announced that senior management is still committed to supporting the growth of the company. Back in December 2007, senior officers agreed to defer a portion of their pay to support the company’s growth and provide all the resources it needed to start operating as a revenue-bearing enterprise. In recent news, senior management has now decided to convert their owed back pay into preferred stock in lieu of a cashable paycheck. Management notes this action as…