based on a 100% acquisition, the share capital is 575M shares...

based on a 100% acquisition, the share capital is 575M shares plus 70M options exercisable at 1.5 cents

the market cap at 1 cent is $5.75M

they hope to raise at 2.5 cents (or 5.0 cents post-consolidation), making a market cap of $15M fully diluted

Highlights:
 Nevada Iron Limited to acquire SportsHero.
 SportsHero is a gamified social sports prediction platform where users can predict, interact and compete on major sports – virtually and in real-time – to become a SportsHero.
 Sports Hero is Asian based and will be targeting users and monetisation in this growing market of 4.4 billion people.
 SportsHero has been developed under Singapore’s MyHero, owner and developer of TradeHero, which has been ranked as the world’s #1 finance app in over 91 countries, 8 million users.
 Vision: To be the #1 social network dedicated to sports prediction.
 Proven Leadership: CEO Dinesh Bhatia, 25+ years’ as entrepreneur, Fast Company’s 100 Most Creative People in Business in 2015