CML 0.00% 20.0¢ connected minerals limited

$3m @ 3c, page-33

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    Hi stardestr0yer

    From the half yearly report:

    Goodwill impaired:
    Following the write off of the product development and equipment in the cash generating unit, ICU Wireless Systems Pty Ltd due to the focus on the Connected IO business the resultant goodwill which arose has been impaired accordingly.


    TERMS OF PERFORMANCE SHARES:
    https://hotcopper.com.au/threads/an...s-of-performance-shares.2725759/#.Wc8CIWhL-M8

    Performance Shares Class A: 100m
    Milestone A: gross revenue of $15,000,000 in any of the financial years ending on 31 December 2016, 2017 or 2018,

    Performance Shares Class B: 50m
    Milestone B: gross revenue of $25,000,000 in any of the financial years ending on 31 December 2016, 2017 or 2018.
 
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