RE:I love it!Well more shares bought in the PP by Andrew Schutte:
" After the issuance of the Shares pursuant to the Transactions, Mr. Schutte directly and indirectly owned and controlled 25,104,422 Shares, on a partially diluted basis (assuming conversion of the class A preference shares and exercise of all stock options and warrants), which represents 34.53% of the issued and outstanding Shares as of March 14, 2023, based on the aggregate of 72,704,366 Shares..."
You combine this with Jamioe mackays precent share purcuase: After the issuance of the units pursuant to the transaction, Mr. Mackay directly and indirectly owned and controlled 14,896,107 shares.
Here is where we are at now: the aggregate of 72,704,366 Shares, which consists of: (i) 65,001,560 Shares outstanding as of March 14, 2023, (ii) 303,030 Shares that may be issuable on conversion of class A preference shares, (iii) 655,000 Shares that may be issuable on exercise of options and (iv) 6,744,776 Shares that may be issuable on exercise of warrants.
Do the math: now Andrew and Jamie own approx. 55% of the company.