The company has set up the CN to fund the business till revenue DYOR
The company has launched in Brazil and revenues will now commence within the coming months along with the looming launch in Indonesia that will also start paying minimum monthly subscription fees for 800,000 after 3 months from launch.
The con note should cover costs until these opportunities start to deliver the minimum guaranteed revenue as per announcements.
It might be a good idea to read back through announcements to understand the funding that the con note will provide over coming months.
Cheers
TV2 Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held