Hi schmoove, re: the quantity of shares. Quotes from the 3Y See...

Hi schmoove, re: the quantity of shares.

Quotes from the 3Y

See part 2 of the 3Y.

The key words are “Subject to shareholder approval” and “to be issued” So at this stage PD has announced an agreement only.

“Agreement to convert $150,000 loan to shares at a conversion price of $0.01 (conversion is on the same terms as the non-related shareholders who converted on 7 February 2018)

subject to shareholder approval.”

——————

“To be issued to

Meridian Fertilisers Pty Ltd, a director related entity, or their nominee.”