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Ann: 6th Supplementary Prospectus, page-186

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BigDaniel

3,872 Posts.

3205

11/12/18

12:21

Post #: 36817921
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Originally posted by matchbox20 ↑

Was that the answer from Sholom to Q5?
"The extra shares for MCL were simply for extra monet that MCL recently raised
independently of QBL."
If so,I was wrong that it was for interest payment on the MCL
convertible notes,but I was right that it wasn't for a further acquisition by MCL.
It could also be argued that interest payment is a necessity and expense
" to continue developing the businesses".

Will there be interest payments on the MCL C-notes that were entered in
around Nov2017, and will they issues shares for the C-notes when they mature
on 15June2019.Refer Item 14.9 L1 Agreement
or was it all cleared by now.

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@Neil1959

Are you able to clarify exactly what the extra investment in MCL was to clear the air?

Regards, Dan

QBL Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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