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This is an exerpt from the recorded webinar dated 15 July .....

  1. 1,188 Posts.
    This is an exerpt from the recorded webinar dated 15 July .. Please read it in full. However , the relevant passages are below


    Question 3: Are principal and interest repayments made
    each month and how much are they?
    Answer: Interest & principle payments are made each
    month.
    These payments can be made in cash or shares at Crowd
    Mobile’s sole election.
    The monthly amounts are different if we are paying in cash
    or shares.
    Cash = €450k (AUD$661k) per month

    Principal AND interest are included in the monthly repayment .. Dom is incorrect when he then states in the Sept quarterly " plus interest" ... one or other statement has to be incorrect ... I am pretty sure its the latter Sept Quarterly statement. It should state "inc interest ", which leads me to believe I am correct.
 
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