JDragon,
Currently 451M shares in issue & $5M in the bank, the 2 groups are putting in an addition $20M and getting 1.5B new shares (effectively at $0.0132) which was a premium to the price the shares were trading at last week. They also got options & Tinker gets shares provided certain milestones are achieved ie the shareprice goes over 2.5 cents, 5 cents and 10 cents.
Hope that helps?
LOTM
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5 | 2579840 | 0.004 |
1 | 600000 | 0.003 |
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0 | 0 | 0.000 |
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