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  1. NTaylor
    2,593 Posts.
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    08/04/11
    12:45
    Post #: 8235928

    with regard La Jolla the story goes like this

    the con note arrangement was for $2.5m

    so far ESI has drawn down $1.5m of this La Jolla has converted $1.2m to shares (75m)

    that leaves $1m in con notes to go plus $300k not yet converted.

    So in total that leaves $1.3m yet to be converted to shares.

    In a nutshell - not even half way through!
    ESI Price at posting: 2.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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