Ann: Becoming a substantial holder, page-5

Ian Reynolds Director and board member of NARHEX

Narhex is acquiring ResApp through the issue of 250 million shares and a further 250 million performance shares that will convert into NLS shares upon ResApp achieving gross revenue of $20 million in the five years from when the company is readmitted to quotation on the ASX.

http://www.*.com.au/companies/news/...-acquisition-of-resapp-diagnostics-62891.html

Nice work
MB