Ann: CIO Extends Line of Credit Facility, page-2

looks like CIO will try to live on this CN facility till mid next year that leave CIO try to be cash flow positive

also to be profitable over 700K to 1 Million to pay the CN and interest ( remember this is a secured loan if CIO don't pay they can call liquidators)

in the meantime unfortunately share price will stagnate due to CN interest share conversion at 0.003, as lender did last time. so any rally or any orders above .003 cents will be sold in to as we have seen so far.

situation can change

1. it they can find a better financing term
2. Major deal or JV
3. Takeover offer

time will tell DYOR.