in a nutshell, twiggy gets 5M shares and a hand full of oppies for signing up then another 50M oppies (ex at8c- contingent on a share price trading above certain hurdles) then if he converst the fir 2 tranches of oppies (the 50M) he gets a further 50M- (also at 8c? i think?) which are also contingent on the stock trading above certain benchmarks.
Also he gets board control.
What he brings to the table is his rep? and his company contacts and deal making ability.
what will happen tomorrow
NFI
Cheers
sf
announcement, page-3
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