Great News for Shareholders, page-160

Alright, have a wee bit more time to digest the info. Looks like Brainchip maintaining a 60% holding in the event of a dilutive cr has changed to the following:

Capital Structure:

Aziana shares currently on issue 209,264,699

BrainChip Acquisition Existing Shareholders 286,925,000
Robert Mitro note conversion 18,125,000
Third Party Noteholder Shares 15,000,000
Nerona Pte. Ltd Shares 33,555,500
Subtotal 353,605,500

TOTAL SHARES 562,870,199

So in essence they have opted out of the 60% overriding interest in lieu of about 50 million extra shares. This is a much simpler structure and means holders like us will not be at risk of double dilution from having to issue extra shares to Brainchip to maintain their 60% holding everytime a cr is conducted. This structure means the vendors are at risk of holding less than 60% when more cr are done in future. I hope I interpret this correctly.

So the shares from achievement of milestone 1 is yet to be added and the Metal X 12.5 mil options.

The cr if I interpret it correctly means it could be anywhere from 10c to 20c meaning we could issue from 20 mil to 40 mil shares depending on the cr price based on 10 day VWAP or 20c.