H2O Innovation Ord Shs HEOFF

RE:RE:RE:H2O Innovation acquires the rest of GMP

[Possibleidiot01]

Genesys’ consolidated financial results	As at and for the year ended December 31, 2018 3	As at and for the six-month period ended June 30, 20194
Revenues	£6.01 M ($10.40 M)	£3.23 M ($5.57 M)
Adjusted EBITDA5	£1.94 M ($3.35 M)	£0.94 M ($1.61 M)

The orginal purchase of the 24%  of GMP  for Genesys and some associated companies  was done for £16.95 M ($28.39 M)
^{or 9.76 x EBITDA for 2018.
The purchase of the remaining 76% wasdone at 6 x EBITA..
Done cheaply in other words . Done with working capital - no dilution involved.}