Post by
RocketRed777 on Apr 15, 2024 12:05pm
WarrenB troll rake another picture MILITARY DRONES HOT
SPAI DIVVY = A deferred cash consideration of $2.2-million in the event Eyefi Pty. is sold or divests part or all its assets or undertakes a capital raise or is in default; A registered security charge over the assets of Eyefi until the $2.2-million is paid in full to the company; A promissory note of $2.2-million issued by Eyefi to the company; Eyefi is responsible for all liabilities and accounts payables of the company up to and including the close of the transaction; The company has assigned a fully drawn loan facility (dated Nov. 29, 2022) of $222,578 to Eyefi. The loan has 10-per-cent interest and 15-per-cent penalty interest. The 592,105 warrants issued to the investor with an exercise price of 40 cents and expire on Nov. 25, 2024, have also been cancelled.