Ann: Board Reorganisation, page-3

100 million free shares for each of the 4 for the start = 150,000 $
That's a nice welcome present!
Hopefully they are worth the money!


Annexure A – Performance Rights
1. (Milestones):
Each of the Performance Rights may convert into Company Shares on a one-forone basis with a term of three years totalling 300,000,000 Performance Rights on
achievement of the following milestones:
(a) Tranche 1 – 100,000,000 Performance Rights will vest and convert into
Shares in the event that the Company’s Shares trade at a volume
weighted average price of at least $0.0015 for a consecutive period of
at least 20 days;
(b) Tranche 2 – 100,000,000 Performance Rights will vest and convert into
Shares in the event that the Company’s Shares trade at a volume
weighted average price of at least $0.002 for a consecutive period of at
least 20 days;
(c) Tranche 3 – 100,000,000 Performance Rights will vest and convert into
Shares in the event that the Company’s Shares trade at a volume
weighted average price of at least $0.003 for a consecutive period of at
least 20 days.