Total BS
WTF
So they cant use the proceeds from the 1st tranche to expand the business
March/April 2020 that's when the 2nd tranche will be complete
Management would have drained the 1st tranche by then.
Looks like this was setup to benefit management rather than growing the business
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- Ann: Notice of Annual General Meeting/Proxy Form
Ann: Notice of Annual General Meeting/Proxy Form, page-2
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