Okay, so they paying $5M by means of 1,000,000,000 BFE shares. (which is 0.005/shares)
Another 600,000,000 Performance shares s for the year ending 30 June 2015 and 30 June 2016, if company achiever certain revenue targets.
Consolidation ratio of 1 share for every 40 held.
Then raising 3M by issuing further 15M shares at 0.20.
Timbo; not sure how you targetting 3-4c. Looks like it will limit just under 2c.
IMO.
BFE Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
