If it isn't in the announcements, then take it up with the coy. You are trying to make this like it should be posters divulging the details for you, for what you do not understand, or the coy has not divulged. You are on good terms with Jason...…give him a ring and your queries will be resolved….possibly? We had enough trouble just convincing you they were loans for what was clearly spelt out as loans in coy documents.
Note 9. Borrowings
Current
Unsecured convertible loan (i) - 401,447
Unsecured other loans (ii) $1,576,877
Unsecured other loans (iii) 390,814
(i) Interest bearing at a rate of 12% per year.
(ii) Interest bearing at a rate of 10% per year and secured by way of a corporate guarantee and undertaking. The loan is repayable by 31 December 2012.
(iii) Non-interest bearing with no set term of repayment
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