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clock Created with Sketch. 31/03/21
09:29
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Originally posted by Mcintyb:
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With the very lenient KPIs in place for the 20M shares to be allocated I would expect and hope for this to be achieved within 6 months of B2B go-live (Oct-Nov 21). Our SP will continue to strengthen with a treasure trove of great announcements over that period so that $2.9M figure all of a sudden could be worth $6-8M. That's a considerably favourable deal for Robert. I'll be very interested to see if the equities are distributed to Bibendum or to Robert/personal trust. I see it as a mates rates agreement and given there's no new (no already mentioned) cash burn to the deal our balance sheet will continue to remain strong. We cannot forget the dilution factor though.
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Fair points Mcintyb. I hope that 800k sales volume gets smashed real quick too. I mean, that's only an average $1k sales order for each of the 800 venues signed up. I'd like to think a venue goes through more than $1k worth of piss (at cost) in at least a month.. a week or a day even.
(20min delay)