This is from the Appendix 3B notice dated 16th May 2014 for the...

This is from the Appendix 3B notice dated 16th May 2014 for the issue of new convertible notes. It clearly states that, inter alia, the notes are redeemable (i.e. the company pays the noteholder the face value of the note at the noteholder's election) on a reset date, and that the next reset date is 31 Oct 2015.

1. Interest Rate: 10% per annum (payable quarterly in arrears)
2. Conversion Rate: 1:3 (each Note is convertible into three fully paid ordinary shares)
3. Next reset date: 31 October 2015
4. Maturity date: 30 October 2023
5. Convertible at any time prior to maturity.
6. Redeemable on a reset date.