OAK oakridge international limited
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Ann: Appendix 3B - Part Conversion of Convertible Security, page-9

  1. Inductor
    1,260 Posts.
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    23/05/17
    19:41
    Post #: 24867606
    RR,

    Remaining unconverted face value:

    Tranche 1A - $1,000,000
    Tranche 1B - $683,333

    Tranche 1A is what they want to pay out in cash.

    Tranche 1B is what has been drawn against under the agreement - still $50,000 left this month.

    Then it all resets on June 1, for another $350,000 worth.
    Last edited by Inductor: 23/05/17
    XPE Price at posting: 1.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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