IOT 0.00% 0.1¢ iot group limited

Ann: Clarifying Announcement, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,445 Posts.
    lightbulb Created with Sketch. 160

    does make you wonder. 9 million to 3 million. Did they think they were getting 3 quarters of the company?

    Also the seller obviously had it geared for sale and had the capital into so many shares or have issued some in other funding rounds? Who are the other holders? ?

    so they have 25% share so there is 12million shares on issue - any other vendor options , staff performance option , freebies, performance shares? etc etc - always the fine print and always check the fully diluted capital


    I wonder who gets a seat on the Runa board and some extra fees for the 25% investment ?

    The final mystery is what "performance"hurdle does IOT have to jump to get issued with the free 25c options? Introduce to their network ha ha!!!
 
watchlist Created with Sketch. Add IOT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.