The Purchaser would transfer the Shares to Premium in exchange for 4,200,000 post-Consolidation common share purchase warrants (the “Warrants”) of Premium and a cash payment of $400,000.

Who is paying what, please read carefully.

Someone who was previously close to the company again saved their existenace with a cash infusion at the last moment to keep hopes alive.

A quarter of the company now for $200K or $400K if denied by the exchange and the OPTION to by a quarter of the company post consolidation for .05 a share which is an additional $210K.

My only question is whether we get only $200K because they have already given the company $200K basically in good faith to keep the company on life support till a further financing can be completed.