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Jat 2.0 - 2021 - A New Year, page-521

  1. 4,873 Posts.
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    i think it roughly stands at this
    5 million @ 13% that was due but not paid in January, i think $1 million has been paid since and the loan extended to feb 2022
    5 million @ 20% that is due Sept 2021
    5 million @ 20% that is due unsure?
    1.3 million @ 15% due to be repaid to shareholders? in a current market where you cannot get more then 3% on a deposit 15% seems to be very generous and 20% is ridiculous.
    so all up roughly 15.3 million plus a few bits and pieces, a health chunk is due or overdue, so with an average interest rate of around 17% we are paying $2.6 million in interest per year, so they need to start making inroads to this debt.
 
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