I think the deal is a great one for IOU share holders. The...

I think the deal is a great one for IOU share holders. The business secured the 1st lot of money in record time and at a premium to current share price, to add to that a $15m top up a year down the line if they do what they say they can do, and this time no 7% commission! Now they can concentrate on grabbing as much market share as they can, knowing they're not needing to worry about the bills for a few years.
GLTAH. Forget all the short term noise, remember no debt and money to move fast. The $1 option strike price and one year expiry says a lot about insider expections: Maybe 1) Clee Capital are betting that the price will get to that price within a year and 2) IOU didn't want to extend the timeframe to 2 years as they expect the price to be significantly higher at that time and don't want the options to be a complete gift.

All my own thoughts, not financial advice

GLTAH - hold tight and be rewarded