Good pickup @CaymanCeltic - are we just reading too much into it?
The exact wording is...
- Milestone 1 – One third of all performance shares held by the holders shall convert upon Freeway by Syntonic® (including the white-label version of the product sold by partners) having an addressable audience of 100,000,000 mobile subscribers within a period of 12 months from settlement;
Ann: Syntonic Investor Presentation-SYT.AX, page-116
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