The question still remains unanswered in relation to the con note that the CEO was also participating in for $1 million. This note has a conversion price of 15c and was announced well prior to any litigation (i.e. 27/4/11 - Axiom Secures $4 million Funding) and was "set in concrete". Has the Company made use of this funding or have the particpants (incl the CEO) renigged on this obligation?
