24,667,670 shares @ 20c = $4,933,534 for the acquisition.Add...

24,667,670 shares @ 20c = $4,933,534 for the acquisition.
Add $200k loan, which no doubt gets extinguished when they make the acquisition and that's a cost of over $5m.

How do they end up with 63.77m shares post consolidation?

11.40m shares after consolidation of current holdings.
24.67m shares for the acquisition.
17.50m issued to raise capital @ 20c.

53.57m shares in total.

Don't tell me CPS get 10m free shares, or $2m equivalent to raise $3.5m? What ever happened to 6%?

There's also about a 10.2m option hole, so looks like CPS will be getting 10.2m FREE shares and options.