Exactly what I thought, probably another CR to pay the $3.5m back? The 12% quarterly interest also need to be paid to each convertible note holder which would be approx $105k per quarter ($420k over 12 months) on the assumption we have $3.5m worth of convertible holders in each quarter.
Ann: Trading Halt, page-18
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Mkt cap ! $11.20M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 11452659 | 0.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 7632190 | 7 |
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