CLZ classic minerals ltd

Ann: Proposed issue of securities - CLZ, page-10

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    Tipster, when you say 36 percent interest, that is compound, they are paying it on a monthly basis , unless they have arranged to pay the interest yearly, 36 percent compound per month, might work out to be about 50 percent per year annualized. The mathematician among us might be able to answer that. 36 percent interest is not sustainable long term. Do we know how much money is on 36 percent per month?
 
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