Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-17

To quote DM:
"Further, PFG (Buddy's secured lender) has also agreed to favourably restructure its existing term debt facility"

You have to love this guy's use of the English language. The restructure, which doesn't reduce the interest rate but came with over 50% of upfront fees (paid in shares of course). Yet these fees were omitted from the non-cash restructuring costs which were apparently only $354k. PFG were issued over 130 million shares @ 2.5c each and I'm pretty sure these would have to be deemed costs of the restructure. But, what's a lazy $3,262,733.50 in the scheme of things?