STL 0.00% $1.90 stargroup limited

agm business

  1. 227 Posts.
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    Well i got that wrong, no share consolidation. Details regarding the cost of getting the Lotte deal over the line.
    1. $150k for supplying/deploying 1000 ATM, year 1.

    2. 7 mill 15 cent options when we get paid for (1) and get another order and payment for another 1000 ATM deployed yr 2

    3. 7 mill 20 cent options for another 1000 ATM ordered , deployed and paid for, yr 3.

    4. 7 mill 25 cent options for yet another 1000 ATM ordered, deployed and paid for, year 4.

    All options are valdated from completion of each stage and are all valid for two years from this date (vesting date)

    I'm happy with this (i think) This means for our Korean director to want to exercise his 25 cent options in 6 years time ICP SP will need to rise 330%. I can wait that long (i think)

    Did i get all that right?
 
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