Ohh that. Yes i saw that but i thought that was for the 4m options for the loan they just took out where it then converts to shares at 20c.
Each Note converts into a number of shares determined by dividing the Conversion Amount (being the face value of the
note) by the Conversion Price ($0.20) which is subject to customary adjustments
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Update on scale partnership with IAMCP, page-106
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