Viva Entertainment Group Inc (OTTV)

[ChampionOfTheSun]

The inverse of 3/4 is 4/3. 25% off is a 33% gain.

You need to consider these issuances are at our discretion... this would leave ignition exposed to the fact if we go to .0001 and no bid, they are still on the hook to cut the check and essentially get nothing in return. A big, smart, rich group has ruled this out.

They are also on the hook in the other extreme example. If we ran to $1, they agree today, while we are at $.002, that they are willing to pay $.75 a share and still find it worth it to lock in that possibility.


I'm so f'ing excited. These terms are great when you think about the comfort these guys had to get over the possibilities before allowing Viva to request big money at their own discretion.

We may find that we do enough with the first $1m that we never need to call in their funds again after that.