Ok guys, I need some help here. Earlier, I said I wanted to have a look at the Soar labs deal and based on the soar coins held by BPG and Phua at the 3rd jan when the deal with Soar went south, I make it that Phua had 16% of the coins in Soar and BPG 84%. But Phu received 60% of the final outcome. Have I got the numbers wrong? If I haven't then I will not ask the company for a please explain (as they are not returning calls) but write directly to ASIC. The table is below.
At 3rd Jan, BPG had 179,183,168 soarcoins, Phua had 34,602,426
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
Column 8
0
Saettlement of Soarcoins
1
BPPL
Alvin Phua
2
Date
Coins
Rate
$US
Coins
Rate
$US
3
Immediate
38,868
58,132
4
24/11/2018
232,323
347,476
5
24/05/2019
320,557
479,443
6
soar coins
Immediate
1,202,089
0.00964529
11,594
1,797,911
0.009645
17,341
7
24/05/2019
801,392
0.00964529
7,730
1,198,608
0.009645
11,561
8
Ether
Immediate
149
222
33,078
223
222
49,506
9
TOTAL
644,150
963,459
BPG Price at posting:
0.9¢ Sentiment: None Disclosure: Held