I have kindly requested moderator to remove my early post which I interpreted incorrectly. Sorry guys
I have another look for the conditions of vesting performance shares.
It looks quite positive, performance shares will be issued based on revenue milestones.
- First 90m will be issued on achievement of contracting with 5 companies/corporates that have $100m annulised revenue, within 12 months of the settlement.
- Next 90m will be issued on achievement of $5m annulised revenue within 3 years of the settlement.
- Last 90m will be issued on achievement of $10m annulised revenue within 5 years of the settlement.
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