Just to clarify the ownership angle.
There are 3 Hotshots companies.
Mooter will acquire 100% of Hot shots AUSTRALIA.
Hot shots AUSTRALIA has a JV agreement with Hotshots SINGAPORE.
When Mooter acquires HS AUST. it will have the direct JV with HS SINGAPORE.
Hotshots SINGAPORE owns HOTSHOTS USA (the game owner)and SINGAPORE will soon have a JV with HS AUST.
The JV is HS USA (the game owner).
C'mon guys ... too simple. LOL
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5 million for five years, page-42
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