It is a typo, Options will be Dec 2019, Steven has taken up some...

It is a typo, Options will be Dec 2019, Steven has taken up some of the 17m shortfall from the recent offer which have now all been placed.

2 mill shares were part of a Share Purchase Plan passed at the AGM & shareholders have loaned him $120K to acquire them (below)

“That, subject to the passing of Resolution 7, for the purposes of section 208 of the Corporations Act, ASX Listing Rule 10.14 and for all other purposes, approval is given for the Company to issue up to 2,000,000 Restricted Shares as Director incentive remuneration and grant a loan of $120,000 to acquire those Shares to Mr Steven Michael (or his nominee) on the terms and conditions set out in the Explanatory Statement.

DYOR