OAK 0.00% 6.2¢ oakridge international limited

Ann: Update on Convertible Notes, page-184

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  1. 501 Posts.
    Thanks, and there I was studying that up.

    The 110% was for Redemption within 90 days.

    Perhaps there are conditions on note redemptions in the Convertible Securities Agreement....

    This buy-back of the notes is only IF the CN holder does not convert, really is there any chance they will not convert between 1/4/17 and 15/8/17 ??

    Also no mention of tranche 1B. So this too would be dumped to market at the rate id $350,000 worth per month?

    At least there is a break of 7 weeks and a limit to their amount of ammo.
 
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