AYN alcyone resources ltd

last chance to exit?, page-15

  1. 1,627 Posts.
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    Promissory Notes are basically debt but the terms are more definitive.

    I assume that the Promissory Notes will be against the asset of the company meaning that if AYN stuffs up then control of the asset/company will be taken away from shareholders.

    I can basically see a backdoor takeover from the new group coming up.

 
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