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Ann: SciDev 31 December 2018 Appendix 4D and Interim Report, page-2

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    lightbulb Created with Sketch. 20
    Tartana deal revised

    Old deal - $2million
    15,000,000 TNA shares (@ $.10) and 500k cash 
    we received 7,760,000 and 300k so far

    new deal included some magic and now we have
    We get 20,000,000 TNA shares (@ $.10) and give them 300k
    We sell 6,410,256 of TNA shares for 0.078 ( even though they are worth 0.10c ) for 500k
    Give the 300k back to TNA
    so we are left with:
    13,589,744 shares ((@ $.10 but worth only $0.078) and 200k Cash

    In total we are loose on this new deal by 300k and 1,410,256 TNA shares

    *winning*
 
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