From my reading they had approx 1.7b issued pre December raise....

From my reading they had approx 1.7b issued pre December raise. I don't know if any shareholder approval was asked for convertible note issue, I suspect it wasn't.

They're currently listed at 2.08b. (increase of 2 x 100m convertible note + 4m raise + fees is about right)

So rough math indicates 15% + the now quarantined 80k. As that happened precovid, they're stuck with it, but in theory under the covid rules they might? be able to raise an additional 10% -80k

they do have 22m of the loan facility available to them, so unsure why they wouldn't be using that instead of more dilution and fees to Everblu?

/ also you'd think Everblu would be well on top of this. reading that announcement a few times, it's a major screw up, but further reading and research on them is the stuff of nightmares. When Everblu get involved there tends to be one winner, at least from the 3-4 codes I found them involved in.