What it means ? I think it means that the people at Pope have (a lot of) confidence in GTEC.
uhm...can you please check this 8k and give me a feedback...
I mean what does it say in quick ?
:):)
Thanks !
bbb
Someone please correct me if I'm wrong, but I think it means the following:
Pope invests 5 million in GTEC at 6% interest a year and gets 20 million shares at 0,25. Shares can be sold after 30 november 2010. The 20 million shares can be sold earlier than 2010 if the net income per share is less than 0,038 for the year ending june 30, 2008
Further Pope gets the right to buy 10 million shares at a price of 0,25 dollar.
Greetings from Holland and GLTA
