Ann: Convertible Note Funding, page-9

Yeah they havent f..ed around with small change either.
They wanted enough to appease ASX and get things moving.
Only thing I dont like is all these share options going to an elite class of investor (his mates) and not to us.

Are we looking at dilution from about 33m to 36m once all done ?
About 10m of funding in total and approx. 3,000,000 shares, I havent done that math.
Maybe shortblack can help, he is good with numbers and details and studies this indepth.