Would be interested to see the maths around your calculation of...

Would be interested to see the maths around your calculation of 2 cents per share for the CR The company is claiming a gain from the deal of $2.8 million , presumably being the difference between the previous debt level and the current debt level. If the previous debt level was $4.6 Million and the new debt level is $1,8 million that would make sense. Not clear on just how the debt Owed to St George has disappeared , presumably it was either written off by St George or paid down by the new investor, or some combination of both. On those numbers the effective CR price is 5.6 cents per share, which is a long way from your number of 2 cents per share.