hianouncement is difficult for me to readit appears the $5m...

hi

anouncement is difficult for me to read

it appears the $5m accounting payment amounts to 111,111,111 shares at 4.5 cents each

then there are 3 'tranche' payments. these appear to be in cash rather than shares. do we agree?

i get fully diluted share capital of around 633,617,142, which includes around $14.7m cash from options

but if the three 'tranches' are at 4.5 cent issue (which i doubt), i get 919,794,919 fully diluted

174,011,586
42,000,000
3,000,000
6,250,000
3,000,000
5,000,000
40,000,000
12,000,000
285,261,586 last APPENDIX 3b

87,000,000 CAP RAISING
43,500,000 CAP RAISING
16,744,444 FEE
16,744,444
111,111,111 $5M ACCOUNTING

90,000,000 VENDOR OPTIONS
633,617,142 TOTAL