I think so... weird, answering my own question. ;-)
here is the quote from 2017 lycopodium announcement:
"Under the terms of the agreement with Lycopodium, the Company has allotted and issued 45,000,000 new fully paid ordinary shares (“New Shares”) to Lycopodium. The New Shares issued are subject to escrow restrictions pending completion of the Study and are also subject to pro-rata buyback and cancellation provisions (subject to Shareholder approval) should the Study be terminated prior to completion."
Ann: Forthcoming Release of Shares from Escrow, page-4
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