Buddy says: "RC will end up owning more than 10% of the company, (approx. 11.60%) after the options have been exercised in full for only having to pay an average of 22.20 cents per share, or a total outlay of $38,388,690 dollars.
Not bad is it???
I wonder if CP is allowed to get, say the same percentage amount of the company, and for the same amount of money.
And if we ask him nicely, he will even put the money upfront as well lol. Not having to wait to get it in dribs and drabs."
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No Buddy, CP wanted a FAR better deal than you are slamming Cottee for above ... haven't you been listening ??
Palmer wanted 130 million shares for 8c a share. That's an outlay of $10.4M and represents 10% of the issued capital ... and apparently what his injunction is all about.
You really need to do your homework before you sound off like that!!
the complete idiot’s guide to the election., page-71
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