Each shareholder to be offered opportunity to purchase $2500 or...

Each shareholder to be offered opportunity to purchase $2500 or $5000 worth of shares at 3.5c equating to 71,428 shares or 142,857 shares respectively.

33,317,769 total shares to be issued totaling $1.17 million. We currently have about 105 million ordinary shares, so this will dilute our holdings by about 27%.

On the plus side, I can buy about three times my holdings with about half the money I initially paid for them. %$%#$^$@#^

IF this cash gets us through to launching our first product and into cashflow positive territory, now could be an excellent opportunity to average down.

If things go sour from here, well I don't want to think about it. But I will be.. guess I'll weight it up over a couple of sleeps.