IOT 0.00% 0.1¢ iot group limited

Ann: Appendix 4D and Half Year Report, page-11

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  1. 2,819 Posts.
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    Come on guys, based on the 26/7 announcement that was clarified on the 1/8.

    "The Binding Contract Terms details that IBAC will receive 5 million EML Tokens as
    consideration for services and advising on EML’s ICO with a proposed value of $0.20USD per
    EML Token. IBAC will receive a Certificate for 5 Million EML Tokens within 30 days of signing
    the Binding Contract. IBAC will also receive 10 Bitcoins per month after the EML ICO for
    ongoing advisory services relating to the EML Blockchain Mining Project for the balance of
    the Binding Contract. This issue of EML Tokens and the Bitcoins represents the consideration for IBAC’s provision of services under the Binding Contract. Subject to working capital requirements and prevailing investment market conditions, IOT will trade the EML Tokens and the Bitcoins on the relevant exchange to realise the cash value
    ."

    So the trading of Bitcoin should start from Monday, they will be rolling in cash soon. Sean will be throwing cash in the air and high fiving the team.

    Cheers
 
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