How the mcl deal works

After been in the hotcopper naughty corner for a couple of days. Its come clear to me that alot of people don't know what the deal is. Seems people think the cr of 8c applies across the whole deal.

So here it is

Mcl cost 1,195,000,000 shares. Regardless of the price.
Medcan cost 250,000,000 shares. Regardless of the price.

The capital raising is to assist the company to re-comply.
Was $5 million at 8c.
This would of been about 62 million shares.
With the new 3.5c for $2-6 million.
We are looking at 57-171 million share.

With the 1.6 billion shares plus all whats coming its around 3.2 billion.

Mcl cost about 37% of the company for the remaining 45% of mcl

Medcan cost about 8%

Everyone saying its only in the interest of the feldman. There control on the company got alot smaller. I think they can clearly see this is the way qbl needs to go regardless. The sooner the better. Hence the drop in the cr to 3.5c. 2 million must be the bottom line to get it over the line.

Imo..