From the Annual Report re transfer of Biosignal’s IP to CBTE
‘In accordance with the terms of this transaction, Biosignal Limited will receive 2.6 million CBTE shares. In return CBTE will receive 106,176,619 Biosignal Limited shares.’
* BOS gives IP to CBTE * CBTE gives BOS 2.6 m CBTE shares [what’s that as a share of CBTE?] * CBTE gets 106,176,619 BOS shares - almost half of BOS (thereby getting back about half of its shares)
What do people think of this, would you vote for it?
BOS Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held