announcment out now, placemnet, , page-14

"The Company also issued 5,000,000 MNMO Options to the nominees of Cygnet Capital Pty Ltd as part payment for professional services rendered in connection with the above placement, as well as a further 2 shares at 4.5 cents per share upon the exercise of 2 MNMO Options. "

The way I read it Cygnet has an incentive to get SP up to at least 4.5 cents to benefit from the 2 shares for 2 mnmo they convert. Meanwhile they pump funds into the company each time they convert.

Clever strategy IMO.