RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Hate to say thisJc231990 - Glad we agree on 1.6m being the right number of shares in discussion. I do not agree on them being issued at 1c as you say.
Dennis Moore and Alan Carter (and others who had funded the private co) received shares at 60c - the same price that the greater than $4m was raised during the RTO. At least 30 and up to 51 people from around the world were happy with this valuation and hence paid the 60c at the RTO.