RE: RE: OMG!14 Nov 2024 19:18
If they raise $10m and optimistically the company ends up worth $100m then our 1.5% is a piddling $1.5m. Not much for the UK firm that invented it all. I can only assume the board benefit in another way. Will they get free shares? Nothing in the Form C says so. Only Behnke gets 20%, good for him, bad for UK shareholders. Or so it seems. Send in emails en masse to Mr Smith I’d suggest…..