Hi JonnyDavo,I believe you are correct re the options, until...

Hi JonnyDavo,

I believe you are correct re the options, until reading now for some reason I had the understanding further approval was required for those to be exercised. Perhaps confused with the >20% of equity requirement or takeover clause, I'm still uncertain. Nonetheless, here's an updated table, Songtradr end up with 46% without consideration for higher SOI.



As for your comment on anti-dilutive, this is incorrect. That clause essentially protects Songtradr against the company raising a heap of capital below their note price, as well as if any dividends were to be paid they still get their share. It doesn't mean for all future capital raised Songtradr get 53% of it instantly, that'd be ridiculous.

This Investopedia link maybe helpful.

Get amongst it pal, the more the merrier on the Jaxsta train.