Ann: Change of Director Interest Notices x 4, page-4

These options go to the three guys who will make the business work, or not. They get modest salaries, but these options are how they will make their money if EPT does well. It was all set out in the Prospectus.

It is not mentioned in this announcement, but there are vesting rules too.

There are also 45 million underwriter options that went to the lead managers or their nominees. The exercise date is Sept 2019 and the exercise price is 2.5c. Everyone involved is incentivised and they are incentivised with options because they expect EPT will succeed.

@MellowYellow had a concern with $1 million dollars worth of shares to be issued upon certain milestones. These shares go to the vendors of ePAT (Curtain University and some others) not the management, so there can be no conspiracy to keep the share price down to have more shares issued.