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MTST > SEC Filings for MTST > Form 8-K on 29-May-2014All Recent SEC Filings

Show all filings for METASTAT, INC.

Form 8-K for METASTAT, INC.


Other Events

Item 8.01 Other Events.

On May 28, 2014, MetaStat, Inc. (the "Company") and its current chief financial officer, Mr. Warren Lau, reached an agreement to extend Mr. Lau's employment agreement, which currently expired on May 28, 2014, through July 15, 2014. The Company does not expect any further extensions of Mr. Lau's employment agreement beyond July 15, 2014. Mr. Lau's salary for such extension period will be paid by the Company through a proportionate reduction of the severance payments due to Mr. Lau pursuant to the terms of his employment agreement. The Company is currently conducting a search for Mr. Lau's replacement.

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