Anyone who'se been here knows I'm long so this isn't bashing but how is what you call conversion not also going to be a ton of dilution as SPCL tries to raise $1.5 million.
"Pursuant to the Agreement, Solaris is to acquire 100% of the issued capital of Project Goth, Inc. (Project Goth), a 100% owned subsidiary of migme that owns the Singapore and Taiwan operating companies, including all the Company’s intellectual property, in consideration for the issue of 5,081,210,431 Solaris shares. Solaris’s fully diluted issued
capital is currently 11,178,662,949 shares. Solaris will issue a further 4,064,968,345 shares for an Employee Share Options Scheme (ESOP) and to advisers associated with the transaction. Employees and associates of migme may be beneficiaries of the ESOP in the future, but as yet, any allocations have yet to be determined."
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