Medizone Intl. (fka MZEIQ)

[Whatisvalue]

Eli - they were given ~8MM shares to sign the deal. I didn't understand that those also were restricted.

From the filing

Also on the Closing Date, the Company entered into that certain Equity Purchase Agreement with the Investors (the “Purchase Agreement”), pursuant to which Investors committed to purchase (the “Financing”) in the aggregate, up to $10,000,000 of value of the Company’s Common Stock. On the Closing Date, the Company issued 4,087,193 shares of Common Stock (the “Commitment Shares”) to each Investor as a commitment fee with respect to the Financing. The Commitment Shares were earned in full upon the execution of the Purchase Agreement, and the ownership of the Commitment Shares by the Investors is not contingent upon any other event or condition, including but not limited to the effectiveness of the Registration Statement (as defined below) or the Company’s sale of any shares of Common Stock to the Investors pursuant to the Purchase Agreement. In connection with the Financing, the Company and the Investors also entered into a Registration Rights Agreement.