VLA 0.00% $1.75 viralytics limited

Ann: Appendix 3B - Partial Conversion of Converti, page-2

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  1. 526 Posts.
    re: Ann: Appendix 3B - Partial Conversion of ... Hi all

    just about to head out and got a txt about this news.....Dont know if I am reading too much into this but the wording this time,,,,

    """"""
    24th June 2011, Sydney: Viralytics Limited (ASX:VLA, OTC: VRACY) advises
    that La Jolla Cove Investors, Inc (LJCI) have advised that they wish to
    immediately convert US$211,000 of funds previously advanced under the
    convertible note facility into 3,412,969 fully paid ordinary shares.
    """"""

    Its the immediately that grabbed me, unlike the last 3b's this one seems to be with some urgency...????What do they know that makes them want the shares immediately???

    cheers
 
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