No - not yet ... but in my frustrated moments its easy to think so.
Jeff has given a reconciliation and forward guidance that he expects the Cash Balance to be $2.8m by Dec 31. (In the Sept Qtrly).
That would imply at the time of the Q (late Oct), they were going to convert. It's possible they could extend the CN, but time is running out for that to happen.
Ann: Appendix 4C and Quarterly Update, page-411
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