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Ann: Extension to Junior Debt, page-17

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Brighton3187

564 Posts.

15/12/16

13:11

Post #: 21361514
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Originally posted by DollarDan ↑

Haha no, I certainly do not. I'm just calling it how I see it.

By my calculations senior debt of $8.8m means that two more cash payments have been made and I assume a third will be at month end.

So $1.95m reduction in debt for the quarter as promised. Can't complain with this.

I suspect the issue of shares to the vendor is an attempt to demonstrate that the vendors, who intimately know the business, are willing to receive shares and therefore further exposure to the business, instead of cash.

I got a few more at .083. So I'm not worried.

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Hey dollar , my long term team mate
Have to ask one stupid question , why the vendor interest rate is so high? 15percent?

CM8 Price at posting: 8.8¢ Sentiment: Hold Disclosure: Held
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Last 1.6¢		Change -0.001(5.88%)		Mkt cap ! $19.65M

Open	High	Low	Value	Volume
1.7¢	1.7¢	1.6¢	$72.84K	4.540M

Buyers (Bids)

No.	Vol.	Price($)
3	441703	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	59562	1

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No.	Vol.	Price($)
3	441703	0.016
12	2252000	0.015
5	2251225	0.014
6	1105389	0.013
3	1400000	0.012

Price($)	Vol.	No.
0.017	59562	1
0.018	620000	2
0.019	1345000	4
0.020	1138888	5
0.021	1804688	8

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