Ann: Notice of General Meeting/Proxy Form, page-86

A number of 'loan' possibilities are stated in the document, including trade and other payables at $1254764 or $1192158 of subordinated debt, both stated in 2018 along with other loans stated. I believe that this share number was derived when the shares were worth 2.5 cents (78000000 x .025=$1870000), which was not that long ago and, in reality, when they plummeted below that, AF could have been well and truly out of pocket. I believe he agreed to the number of shares in good faith, believing the shares would at least be worth the agreed price. He has backed himself and it has paid off. Good for him! And good for him for not asking for cash, as every bit of cash is needed for fast development and future acquisitions. Would you be wanting to give him more shares if the price was now, say, 0.015 and he had effectively lost more than half his money?- I think not! The number of shares was agreed on based on the price at the time of the agreement and it is AF who has taken a large risk here to ensure he did not deplete CRO of cash. I have said before, I know Adrian; he is honourable and ethical to a T, so I do not begrudge him his good fortune because the shares are now higher. I know he would have copped it on the chin if the shares were much lower.