Looks like I messed up my TEG no cash theory.
Excerpt
From small caps June 2021. Did they scale back to 4 mill?
The company will issue up to 454,545,455 fully paid ordinary shares to sophisticated and professional investor clients of CPS at an issue price of $0.022 per share together with one free attaching option exercisable at $0.035 per option with a two year term from the date of listing for every two shares subscribed for and issued - to raise up to $10 million before costs.
