AIM ai-media technologies limited

convertible notes.....d

  1. 915 Posts.
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    Just a couple of questions:
    1) Resolution 4 - each will be convertible to 10 shares on or before 30 June 2010.
    2) Appendix A - Convertible notes will be redeemed at their issue price at a date to be agreed but no later than 30 June 2012.

    What does this mean? Does this mean if I do not convert by 30 June 2010 that its over and that the company will pay you issue price at a date to be agreed?

    Also - Expected allotment date [X] December 2006 and Expected quotation on ASX [X+4 business days] December 2006. Certainly this will not achievable within the month of December???
    Also - The convertible notes would be the best way to go, overall???? comments...........
 
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