FGL 43.8% 2.3¢ frugl group limited

Ann: Dr Neale Fong Appointed as Strategic Partnerships Advisor, page-5

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  1. 7,161 Posts.
    lightbulb Created with Sketch. 517
    Cash and $500K VWAP @ 15% discount min draw down due for payment April 2018 is imo a big issue.
    Like the progress but think they jumped the gun a bit and shouldn't have gone down the convertible notes path... especially at this stage with lack of revenue...
 
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