$300k not an excessive salary and performance rights and options at prices well above current SP. Good to see not just getting freebies.

Performance rights to be issued (3-year expiration) pursuant to the Company’s Employee Incentive Plan:

• 750,000 converting to one Echo IQ share @ $0.30 (subject to 30 days VWAP share price and employment at the time)

• 750,000 converting to one Echo IQ share @ $0.45 (subject to 30 days VWAP share price and employment at the time)

• 750,000 converting to one Echo IQ share @ $0.55 (subject to 30 days VWAP share price and employment at the time)

Options to be issued subject to vesting condition of 2 years employment pursuant to the Company’s Employee Incentive Plan:

• 1,000,000 unlisted options (exercisable at $0.30; 3 years) • 1,000,000 unlisted options (exercisable at $0.45; 3 years); • 1,000,000 unlisted options (exercisable at $0.55; 4 years).