Except that MeToo's post was in relation to the inconsistency between the announcement on 7/3/19 and the half yearly:
"
Quote - “The US$5 Million payment was financed by the issue of convertible notes totalling US$5.7 million as disclosed in note 1 of the half year Financial Report.”
Quote 07-03-2019 - A bit contradictory?
”This alternative funding was secured through a US$4.75m facility (“MEF/Riverfort Facility”
with MEF I, L.P and Riverfort Global Opportunities PCC Ltd (together the “Investors” and has now been received.
An additional US$0.25m was also obtained by the Company under the same terms via an unrelated shareholder of the Company, Temorex Pty Ltd.”
The above total = us$5M
As per 6 monthly there is US$5.7m in notes.
"
Where MeToo was saying the too were contradictory. However, we now know that they're not contradictory as the 7/3/19 announcement was ONLY with respect to the alternative funding for the A-K acquisition and the half yearly contained the additional con-notes issued to rollover the US$950k as well.
Seems the mud has cleared, but the sharks are still circling at the moment...
