Does this give us any comparison?VTXAnother shell.trading of its...

Does this give us any comparison?

VTX

Another shell.

trading of its shares on ASX. The Company has previously entered into
a funding agreement with Carmichael Corporate to refinance the
Company for the purpose of restoring its balance sheet and providing
funds to enable Vortex to carry on its business. The funding agreement
with Carmichael Corp raised for the Company approx. $1.65m via a
series of convertible loans which was used primarily to repay an
outstanding convertible note of approx. $100,000, also to settle
amounts with existing creditors totaling $650,000 and provide working
capital. Following the receipt of all approvals at the Company's AGM,
the Company issued 1.6bn new shares which were issued upon
conversion of those convertible loans.

Shares on issue 1,753 million

GL

Posted by Elroy on todays morning d/traders thread feb 14th

T1