KNO 0.00% 4.0¢ knosys limited

Ann: March 2018 Quarterly Report & Appendix 4C, page-4

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    Agree the convertible notes which expiry 31 May 2018 are an issue. Either these convertible note investors agree to exchange the 10% coupon paying notes for shares which could be quite dilutive or the company raises the $1.65 million note value and repays note holder.
 
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