Correction... cock up on my part...
the announce I refer to is Mar 28 2007. I'm losing it here, too many threads in this web...
Outstanding debt is indeed in order of $30Mil.
$20Mil drawn from Cornell as convertable loans, but thankfully excercisable at 0.70, three times current share level of .20
The other is a straight debt of $10M straight loan from Hawkswood.
Sorry to add to the noise..
top 20 shareholders of ady, page-18
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