The company didn't say that the shares were to cover loans. All...

The company didn't say that the shares were to cover loans. All they said was that FC Capital bought them at premium to market price.

Imo there shouldn't be any more issuing of shares below market price from now on and ideally none at all considering the cash in the bank.

The wording in the update from Monday was still pretty vague around this point, "will issue no more shares pursuant to this agreement...". Does that mean that they will stike a new agreement which includes shares? The wording they used provides wiggle room that doesn't sit well with me.

Like I said the other day, I'll be paying close attention to the 3B notices from now on.