Ann: Convertible Securities & Equity Placement Agreement Executed, page-8

A quick search on Dr. Google will suggest that con notes are often used by 'start up' companies to give them the needed equity to set up their operations.. Funny that, seems like WRM fits this category?
Of course, old mate @mattyedw will be true to his constant down-ramping form and confidently declare otherwise at every given opportunity.
Yeh nah, that doesn't get tiring to read at all mate.