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re: Ann: Funding Discussions Continue with No... the terms state...

  1. Mahony
    2,462 Posts.
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    21/11/12
    21:00
    Post #: 11091234
    re: Ann: Funding Discussions Continue with No...
    the terms state they will convert at 18c or where ever the next raise is set at.

    hard to see the next raise done at 18c.Lets sat they raise capital at where its is now called it 7c they they can convert the $10m notes into shares at 7c.

    that's another 145m odd shares to hit the market
    VMY Price at posting: 6.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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