Waldo is correct, there is $26m outstanding with interest repayable from April 2016.
This stock is a car crash in slow motion. It has had one up day in a month. Pathetic form by management. Simply pathetic. They think that one announcement after getting a speeding ticket (for the way down which rarely happens) constitutes as communicating with shareholders. Where is investor relations? Too busy making one of their micky mouse slideshows using a font that someone in year 8 would use?
Just sell the company, give the shareholders some money back, and let's move on.
RES Price at posting:
7.1¢ Sentiment: None Disclosure: Held