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Ann: R&D Refund, page-15

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    Option 3 per Noodly - cash straight into shareholder pockets.

    Option 4 - cash into company and holders own the company that only holds the equivalent of the amount per share x the number of shares on issue. Cash holdings then become the market cap.

    Option 4 is messy in terms of getting the cash back to holders and not likely.

    All hypotheticals of course.
 
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