Looks like there is some more solid news now. A $3m facility would be very useful and certainly shows confidence from one of the major shareholders. The interest rate of 10% seems reasonable for a smaller riskier stock like this. The 10cent options must be the sweetener for the loan and effectively an option on the expected success.
Mention of the positive cashflow seems good though some more detail would be useful, hopefully this will come in time.
QMN Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held
