2016 10 cent Prediction, page-63

mmartin,
read previous quarterlies.
16/7/2014
23.8m placement
to pay consultants and placement to strategic investors.
There was no increase in cash in the quarterly for
that quarter,ann 2-11-2014,apart from the $684k
borrowed from Magna.
This placement is 15m @ 1c of which 3m was
in lieu of consultants fees.
The rest sound like interest payment to Magna.
Looks close to the 20% interest.
It say's to maintain company's cash balance.
Maintain cash balance means we don't like using real cash.All imo