Certive Solutions (CSE:CBP, StockForum), a Scottsdale Arizona-based software developer providing business process and secure document management cloud services, announced today that the board of directors for the company had entered into an investor relations agreement with Thast Projects based out of Vancouver, Canada.
According to the news release, the consultant is scheduled to receive $10,000 per month for a period of six months starting February 1, 2014 with the agreement having a month-to-month extension option after the initial six months are over.
The company has to provide 30 days notice to the consultant before the agreement can be terminated. Certive has also agreed to compensate Thast Projects as a finder in the event that Thast identifies financing sources or other properties ultimately secured or acquired by the company.
Bob Thast will also serve as Manager, Investor Relations, for Certive Solutions.
Certive Solutions was in the news recently when the company announced strategic relationship partner.
Shares dropped 6% on the news to $0.30 per share.
Currently there are 15.5m outstanding shares with a market cap of $4.6 million.