RE:RE:RE:RE:RE:Closing of $10M Financingten four, understood. thanks again for taking the time to elaborate this for me. i understood majority except for the 10 mill unsecure debenture part. all makes sense now. have a drink on me. cheers.
MrAnswers wrote: You get the warrants and 8% but if the share price doesnt trade above $7.50 over the next 12 months the warrants are essentially worthless so they are a way for the debt holders to get some participation in any upside in the share price.