Ann: Capital Raising Re-Price & Prospectus Offers Extension, page-9

So at the issue price, a quick Black Scholes shows the attaching options are worth about 0.001. And you get two for every share in the placement. So the placement investors are paying 0.0029 and getting 0.002 worth of options. Therefore they’re paying about 0.0009 for the head stock.

Also, In addition to their cash fee and shares, Everblu are getting 913m options, worth about $913k. And their total fee (cash, shares and options) is significantly more than the amount raised in the placement.