Ann: Convertible Note issue, page-44

I'm not sure why some are surprised at this. It was written as plain as day in the quarterly. I was hoping I might get a few more in a placement. As it stands, I will now accumulate on any dip due to panic selling.

If we take a minute to consider the situation and how this has been structured, it would seem that they expect the price to rise over the next few months. So what do they know that we don't, and why the very precise date for the $1.4 million in December? I would expect a series of announcements in relatively quick succession off the back of this:

- SolGo launch
- Revenue confirmation
- PGAS launch
- STB
- China

I also like the fact that the agreed terms incentivize the holder to let the price run, unlike the previous CN which held the price back. I think this reflects the managements ability to negotiate excellent deals that are in the best interest of the company, which should also speak volumes to holders regarding the renegotiation of the PGAS deal for a better long-term outcome.

Waiting, waiting, waiting...

GLTAH, DYOR.