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.
ASR Price at posting:
1.7¢ Sentiment: Sell Disclosure: Held
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