Not according to the MED Annual Report 2018. "Unsecured advances have been made to AXIS . . . The interest rate on monies advanced during the year was 8.78% . . ."
If the $521,000 reported in yesterday's quarterly is a return of capital then I don't think it would be described as a cash flow from another entity. And if I am wrong, and it is a return of capital, then which item in the quarterly reflects the payment of interest on this massive loan?
MED Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
