Wildcat will annually elect to receive either $100,000 cash payment or $50,000 cash plus up to 2 million common shares of Marum having an aggregate market value of $100,000 for each year of the five year term of the agreement.
Perhaps WEL should consider taking stock instead of the 50,000. They could benefit more from the SGR residual effect when SGR gets bought out (later this year?).