Quarterly Report Due, page-4

Mojo I would view it as a positive if some of the loan has started to be accessed - If as some other posters have alluded to staff and contractors have taken part of their salary as shares then the net outflow of cash - eg buying loan stock or paying wages should be a similar total to the $$$ spend - Personally I think borrowing more $$$ at 7% is better than paying shipping contractors and suppliers by issuing more stock as its further dilution to shareholders, but without knowing the default details and trigger fine print clases of the loan- the 7% headline number may not be so attractive down the track.