Monark. This would have to be as low as you have ever got in...

Monark. This would have to be as low as you have ever got in misrepresenting this company.

YOU state that the facility allows up to $5 million in con notes that can be converted to shares and come out with a mind boggling thread "5 billion shares to be issued?" that would scare anyone away, thus satisfy your agenda!!! •

These are the reported facts:-

Initial drawdown A$3,000,000 on completion via Convertible Promissory Notes
• Face value of initial CP Notes $3,333,333
• Further quarterly drawdowns available for full $5,000,000
• 18 month term
• Senior security over all other finance facilities
• Interest 12% per annum
• Early redemption by the Company will incur a 5% premium equal to the Principal Amount being
redeemed
• Facility fee A$100,000 plus 200m 3 Year options exerciseable at A$0.003 !

NOWHERE does it say anything like "5 billion shares to be issued". You have drawn the most damaging long bow out of the "potential" legal interpretation of a "convertible note" and used it as absolute scare tactics. You could not have used a better title for your agenda. You are a genius of your "art".
P.S. I have asked the moderators to have it removed fwiw.

Nice to see all the .002s gone indicating a positive response. Can't wait to see A#5 re-commence. Get NCR in Tehas flowing with A#5 and the two Tortugas wells and we have a company(worth much more than $3.4million)!!!!