The CR won't be a secured loan from JH with a convertible note issue-they haven't digested the first one of these, and such a funding move wouldn't justify calling a trading halt.It will be a share issue with a 'sophisticated investor' with connections to JH, where they will probably buy a tranche of YPB shares for say 0.3c, plus generous facility fees. With YPB shares at 0.5c, and held there by the trading halt, this sophisticated investor will be able to unload all the newly issued shares at around 0.4c, where they get all their money back, plus making a 33 1/3% profit (ie if they bought the shares at 0.3c and then sold for 0.4c).I can't see the point of anyone holding on to their shares when the YPB share price is headed one way and that is down!
YPB Price at posting:
0.5¢ Sentiment: Sell Disclosure: Not Held
