Freefall, page-68

Hi friends, I'm still here.
I exceeded my pain threshold at 0.035 and had to sell but I've bought back most of what I sold at current discount prices.  I still have nearly all of my discretionary funds invested in Optiscan.

I need some help understanding the current situation. And hopefully it is not as dire as I thought.
We were told yesterday that ...
" this delay will trigger a requirement to issue 1M shares under the terms of a loan agreement announced in June this year."

But in the annual report it says:
"On 15 June 2015, the company also announced a short term loan of $500,000 repayable on 30 November 2015. In July 2015, the company effected allotment of 1,000,000 ordinary shares in respect of the commitment fee payable on the loan facility"

Wikipedia tells me that a commitment fee is a fee for an undrawn loan but her it looks more like a fee payable when a loan is drawn.  But we seem to be paying the money now when we need it.

Does that mean we still have this 500K in the bank and a month or two to get revenue or tie up some deal?
- sentiment buy at stupid low prices only