Looks like the directors are hard at work already.16,000,000...

Looks like the directors are hard at work already.

16,000,000 options issued in total for total issue consideration $300

Scott Jones 2,000,000 options exp 2017 consideration $100K??
Brett Lawrence 9,000,000 options exp 2017 consideration $0

16,000,000 unlisted options (5m under LR7.3 and balance under LR10.11)
this explains the unaccounted for 5 million options.

Ramjay Investments got the 5,794,650 Newly Issued Ordinary Shares at $0.035 for what looks like $202,812.75

Total number of shares quoted on the ASX 72,535,888 (very tidy issue IMO - well done!)

The substantial holder notice and change of directors interest notices also both hit the market before the New Issue announcement.

Anyone else smell day old fish.