ZMM 15.8% 1.6¢ zimi limited

Hi Interfc, The excersise price is .0001 (yes three zeros after...

  1. 267 Posts.
    Hi Interfc, The excersise price is .0001 (yes three zeros after the decimal point) so it will be a massive payday for the directors.

    WHN securities trading at 10 cps for 10 consecutive days or binding farm in agreement - either one - will satisfy the rules.

    So yes, a $25 grand payment will at todays price of 2.7 CPS be worth $6.75 million to them.

    Using the 10 cps example - $25 million!

    Their boardroom fridge is probably already stocked with Moet & Pol Roger?

    Cheers

 
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