I think you need to read my original post again, it was only my interpretation of how things could possibly pan out.
BTW. Other shareholders paid up around $4.5m to convert their options to assist the company to get to this point which has been to the benefit of all shareholders.
It would be great if ELF holders did some of the heavy lifting now that the finish line is in sight along with what could be a reasonable incentive to do so.
Ann: India Project Proceeds to Next Stage, page-283
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