So let me get this straight. D’Sylva gets $300 representing 6% of Investment Amount of $5m
Settlement Agreement
Fees for closing Investment Amount
$300k representing 6% of Investment Amount of $5m
70m 3 year options with strike price equal to
issue price of shares under the Company’s
Proposed Rights Issue.
But yet only $2m has been loaned.
$2m Convertible Bridge Loan – 30 Jan 2014
3,030,304 Bridge Promissory Notes Face Value: $1.00 per note
Issue price: $0.66 per note Maturity: 4 months from date of issue 40m Collateral Ordinary Fully Paid shares
held by Settlement Agent.
Wasn't pete owed $2m?
So let me get this straight. D’Sylva gets $300 representing 6%...
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