Crate mate look at the AGM Pres page 15........
La Jolla may not be around that much longer.
In the meantime they will sell whatever they convert i would guess unless INL offers a sweetner for them not too.
Last line is the important part you may have missed i'd say.
Convertible Note
La Jolla Cove Investors Inc.
• Outstanding principal debt US$631,635
• Currently, no significant INL shareholding
• Currently in finalisation negotiations
nippon deal...what does it mean?, page-14
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