Firstly, the question would be is this related to the recent Convertible Note announcement or separate development?
One thing I noted was that the Belgravia $2 million was earmarked for AI purposes.
There was no mention of using it pay the director's loan off as well as the remainder of the Excite acquisition , which is past due.
Most likely could be raise of around $750,000 to pay these off, hopefully at a good raise price.
News: EXT Excite Technology Services Seeks Trading Halt, page-5
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