RE:Wake Up Call.... Peter did not buy an shares "at the market"Humbleguy: are you also posting here as Olderguy?... seems likely...
humbleguy13 wrote:
Peter did not buy shares at the market... does anyone read the news releases?\
As per the news release, first he loaned money to pyr at 12% interest and now he has converted the loan into shares at 0.28 cents a share....
Reading all the news releases tells a very interesting story .....
here is an excerpt from the news released referred to by Pete;
The Loans bears interest at the rate of 12% per annum, with interest payable in cash on a quarterly basis in arrears and matures September 17th, 2021. The Loan is convertible into common shares of the Company (each, a "Common Share") at a conversion price of $0.28 per Common Share (the "Conversion Price"). The Common Shares issuable on conversion of the Loan will be subject to a statutory hold period of four months and one day from the closing date.