Forgot about that but it's a short term fix. The notes will be converted to equity so a dilution of 100m shares Anyway, puts some cash in the bank to get through these times. I wonder who the note holder/s are. My guess would be the directors and family but that's just a guess Meanwhile paying 8% interest is pretty high but given the risk level of this company, the risk premium is OK.
Be good to get a revised date for the go live.
BPG Price at posting:
0.9¢ Sentiment: None Disclosure: Held
