Sweet deal - this is super impressive IMO.1) 18% premium - which...

Sweet deal - this is super impressive IMO.

1) 18% premium - which should be good to set a new baseline
2) Tapping into a range of bricks & mortar retailers on the ground as a sales channel - this should become a perpetual sales channel going forward and help build the value of our offering and ability to build brand recognition.

Great work management. Again you deliver another gem.

For those who need the finer details of this to be spelt out - here's my take (happy for some discussion)...

Circa 14.4M market cap company, that gets another $1M injected without current dilution... so what's the catch? Up to 30M options provided at 5c exercise price in 3 years. Good deal?

CCTG have a 12-month earn period, where they will receive 1M options for every 1M of sales (w/ minimum of 10% GM). Let's say they achieve this... As at the last quarterly, we had revenue of $4.25 for Q1 - let's say that gets us to an annual revenue of roughly 21.2M (based on 15% growth per quarter). Well hello, looks like we just more than doubled our revenue, and profitably... and hey, it actually only costs us anything (in terms of dilution) if the share price more than doubles.... and oh yeh, when it does that, we get an extra $1.5M of cash when the options are exercised..

This is all sounding amazingly good for shareholder value IMO.

What am I missing?