will edm stage a rebound soon? - gloveski, page-12

Maths was my favourite subject.
I've forgotten heaps but i know that 80%
of 1c is $0.008

700 000 000 x .008 = $5.6m lol

Anyway they said $12.6m @ 1.8c to be raised.

The 80% is seperate payment to far east.
They can take up to 5m euro in shares at 80% vwap.
Who knows where the price will be when the contract
and vote happen.

They also plan to raise $330k from issue of
options @ .001
Who would buy options is everything was raised at .008

Anyway waiting to see what happens.