While the current price is down any good news insofar as revenue...

While the current price is down any good news insofar as revenue would be welcome.

The rusty announcement looked good but the details are a bit thin.
Not super familiar with the surf industry, but assuming Rusty make say 20,000 surfboards a year (that's a guess) and they pay $50 licensing per board for SMS design on 10% of boards, that's 2000 boards at $50 each = $100K income per year.

What makes it annoying, given its not a huge revenue deal. For signing this license deal the directors get paid 11,599,140 ordinary shares which at today’s value of eleven cents equates to $1.27m in "commission". Is this correct, am I missing something?

Our share holding probably gets diluted as well?

Be great to get some feedback on what the rusty deal is actually worth in regard to actual revenue.