I'm more sanguine in regards to this announcement. Fixing the...

I'm more sanguine in regards to this announcement.

Fixing the currency conversion is a real boon for us. I predict the AUD will be in the 50's by the end of the year.

Reducing the conversion time is likely a concession for the above.

I am a little unclear on the minimum conversion price. If it is fixing a floor for selling the convertible note at our 52 week low, fine. If they are changing the conversion agreement to convert all of Tranche A for that price irrespective of the SP then they just made a nice little profit.

These changes apply only to Tranche A which is 15% of the deal. They require shareholder approval.