MMZ 0.00% 0.1¢ mooter media limited

"Now that the terms of the agreement have been released, and...

  1. 5,378 Posts.
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    "Now that the terms of the agreement have been released, and let's face it they are better than was generally anticipated"

    I am interested to know why you think the terms were better than 'generally anticipated'? What terms were you originally expecting? Obviously the market didn't agree - hence it being down around 20% from the last traded price before the trading halt.

    Considering the terms are $1m cash payable to Hotshot over 4 months and 375m shares issued for a 50% share in revenue etc, this values Hotshot @ over $20m (This does not include the performance based shares and options, which would value it much more if those performance goals were met).

    IMHO snapshotbattle.com would probably be worth only a few thousand dollars if it was to be sold privately.

    Not trying to 'downramp' here - just stating my honest opinion.

 
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