Slight bit more by my calculations is where my concern is...$500,000 = 5M shares @ 10 cents per share unless they can get a loan in which case they have then lowered their book value by the equivalent amount until the intellectual property has a greater value + more income comes in - interest on debt payment :(
Additionally, they announced an intent to buy other items to as part of their strategy. i.e. even MORE shares and dilution and/or lowering of book value