Your calculations are either incompetent or mischievous.
It cost MCT 6% = $180.000, for the $3million raise.
The 21.000.000 options cost the company zero.
If Canaccord Exercise those options, MCT get $210.000 dollars
If Canaccord does not exercise the options MCT has lost nothing
as the options will expire.
By having the options exercised, MCT will get back from Canaccord
more than they paid ( 6% ) to Canaccord
So the only very small down side will be a minute dilution of the MC.
So please go away and peddle your uneducated nonsense else where.
Pretty Pathetic, page-2
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