On May 14, 2013, we entered into a Consulting Agreement (the "Agreement") with Caro Capital, LLC ("Caro Capital"). Under the Agreement, Caro Capital will provide us with consulting services related to investor relations and relations with securities dealers, investment advisors, analysts, funding sources, and other members of the financial community. Caro Capital will be paid compensation of $2,000 per month. In addition, the agreement provides that Caro Capital will purchase 2,000,000 shares of our common stock at a price of $2,000 in a private sale. The term of the Agreement is six (6) months.
I wonder if Caro Capital LLC paid taxes on the spread.