Ann: CardieX Update on the Acquisition of 50.5% of inHealth, page-81

1. CardieX has exercised in full its option under the Agreement to purchase US$3,000,000 of inHealth’s “Tranche 2” Convertible Note securities (which notesshall be convertible by CardieX into such number of shares of inHealth Common Stock as shall equal an additional 33.33% of Ownership).

2. CardieX has exercised in full its right to convert its “Tranche 1” US$250,000Convertible Note securities due as of 31 January 2019 (US Pacific Standard Time) into such number of shares of inHealth common stock as shall equal 7.70% of the post-conversion equity and equity-equivalent securities of inHealth on a fully-diluted basis.

3. If or when the Tranche 2 Convertible Note securities are exercised in full, CardieX shall possess and control 41.03% of Ownership of inHealth post-exercise.

Don't think so,, from what I make of this extract from Feb1 announcement,, its still just Cardiex with 7% of inHealth for some reason. if it was that that good we would surely have had Tranche 2 exercised.
Anybody ?