The convertible note option is both potentially good or bad.
My understanding they can only convert $2M worth at a time and IMU have the option to pay out at 10% interest.
Not saying there will be, however if a deal of some sort is made for Azer-Cel between July and year end, pay back loan + interest, no significant increase to SOI.
If we can't cut a deal on an IP in the near term on continuing good results, we have bigger issues than Convertible Note financing and number of SOI.
IMU Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held
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