CIO 0.00% 1.8¢ connected io limited

Far out.....So they going to issue let me get this right...

  1. 6,600 Posts.
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    Far out.....
    So they going to issue let me get this right 533,000,000 shares at .002 of a cent and then...
    They going to issue 1,75 BILLION shares at .002 of a cent...eek.pngeek.pngeek.png
    Total shares to issue at .002 of a cent = 2.28 BILLION shareseek.pngeek.png

    Then they going to give underwriter 6% of the total proceeds plus 420million options exerciseable at .003 of a cent ????eek.pngredface.pngeek.png...
    Is this all correct...
    what the heck is going on here....
    If this is correct, it takes the cake of all dilutionary CR..i have ever seen...
    drifta
 
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