The Proposal, page-3

So when all the shares and options come out of this deal IF it goes ahead I make it.
Total Diluted Shares AND Options incl Performance Total - 80 mil

Fortunis current Shareholders will hold 54%, the Vendors 28% and the current financiers 18%.
I believe the current Financiers are a Russian "connect" so that 18% is also IMO vendor 'cut' to give the 2 Vendors the Russian Billionaire and "another" 46% of the "merged entity".

Sorry you have to read the original documents, article cut'n'pasted here in this thread about the Vendors etc.
I've read them and am just giving my opinion on what they MIGHT mean

Also the above figures of 80million Register VERY Fully Diluted gives a Market Cap at 20 cents of $16 million.

This can be useful in comparing against other IPO's in the Tech Sector. It can also be useful in Free Float Calculation 'projection'

As posted in other thread I have nil expertise in Tech Stocks and Float Prospect Analysis so I send a @pilsner @jako and a call @Brains Trust habituees for comment on this thread re how FOT Fortunis is shaping up.

regards/