GMV 0.00% 3.9¢ g medical innovations holdings limited

Can someone please explain this 3B in plain English.  I can see...

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    Can someone please explain this 3B in plain English.  I can see that it is to do with the loan arranged through the convertible note, but don't understand how it all works.  If the amortisation payment for January is being deferred, why are shares and options being issued?  
 
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