Ann: Proposed issue of securities - NSB, page-10

hersuit:
Shares issued in AUD as per copy from notice:

In what currency is the cash
consideration being paid?
AUD - Australian Dollar
What is the issue price per
+security?
AUD 0.21346

The securities are being issued as cash consideration. Therefore my reading is that shares are being issued to a consultant(or other un-named) for work undertaken in driving Emtin forward for re-submission to FDA.
I take it as a strong positive indication that the price is higher than .21c!
It is also great that they are in escrow for 12 months, indicating positivity for SP in 1 year. (IMHO).

gltah.