$4.9M is due this November and $9.5m in Feb 14 Kiwi. If they are refinanced with equity the dilution could be close to 100% if its based on a discount to todays market prices. Or perhaps they can get some sort of enlarged corporate facility as someone else has suggested. It certainly is the major issue right now. The promotional efforts of late suggest to me its more likely an equity based solution.
$4.9M is due this November and $9.5m in Feb 14 Kiwi. If they are...
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