What has been said is:
Instead of paying for the waver with 8 million shares, we’re paying for it with $2 million.

Big deal.

Because we’re getting the $2 million by paying for the $2 million with 8 million shares.

As to why they went to the trouble, the only way it makes sense to me is the shares
they’re selling in the new version are priced at $0.25. In the original version there was
an addition clause simply selling 10 million shares for $0.30.

To me, even though it was unstated, this means the issuing of those additional 10
million shares, at $0.30 each, has been called off. Because, if that part of the agreement
were left in, there would be two sales of shares in the same document, one sale of 8
million shares at $0.25 and the other sale of 10 million shares at $0.30.

I would not think they would do it that way. But who knows? Nothing was said
about the 10 million share sale at $0.30. If it’s been called off, that’s the real news
(as I understand it).