calling kiril, page-19

Thanks for your thoughts on the note Joe.

Re "They could issue 30million shares at 0.5c and raise $1,5million in one hit and no shareholder meeting required"

Unfortunately, it would only raise $150,000. Thus, we are talking 300m to 500m shares to pay off the note. Not sure of prospectus rules and their constitution, and thus whether this can be done. I assume a capital raising as per last year would be necessary.