You have to blame MDA/EDM management for this. $1.25m worth of commitment shares for a $25m facility. EVM issued 4m commitment shares to AGS on jan 14. On jan14 EVM sp was 5.6c Assuming discount,that's $200k of commitment shares for a $30million debt funding facility.
I notice they haven't issued the same funding facility update with AEX & AKW as they did with MDA & EDM issued on the 11th of july.
EDM Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held