CGB 0.00% 2.1¢ cann global limited

Ann: A World First for MCL in Autoimmune Disease Reasearch, page-199

  1. 12,698 Posts.
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    Speaking of funding,who is funding MCL.
    QBL invested $750k in MCL.
    They are not allowed to invest more unless they
    re-comply with the listing rules.
    October 2017 QBL reference 55% in MCL.
    The 55% has been dropped this quarter and I haven't seen them
    mention it recent announcements.
    Last quarterly states there was $613000 raised through
    issue of shares(MCL).
    How much was QBL stake diluted by the issue of equity in MCL.
    Proceeds from borrowings $$1327000(MCL) directly.
    Is that loan to be repaid by MCL or is a c/note that will also
    convert to equity in MCL.
    Is it still 55% in MCL.
 
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