A loan at TWENTY PERCENT interest?, page-5

To whoever complained to the moderators that my post above was in error:

The following is directly from Vango's press release (link below):

"7. To secure the funds advanced under the convertible notes, the Company must grant the CSVF a
first ranking security over assets of the Company."

Collins Street has FIRST CLAIM ON VANGO'S ASSETS, as a condition of the 10% interest "Funding Package". That's a FACT

What does it say, that Vango bulls cannot recognize facts, and deal with them?

https://hotcopper.com.au/threads/ann-vango-secures-10m-via-new-strategic-investor.6673958/