MEB 12.5% 0.9¢ medibio limited

Ann: Converting Note & Non-Renounceable Entitlement Offer, page-20

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  1. 229 Posts.
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    Has”the gun” paid up his 29 cents partly paid shares?? There’s a couple of mill there that the company could do with?
    Who is the so called sophisticated investor that is taking up the convertible note of 2c..it wouldn’t be the gun by any chance?? Hahaha would be an absolute joke if it was. So just to make sure I have understood it correctly, they get the shares for 2c but don’t have to pay anything for 18 months. So in other words the same thing will happen like the partly paid shares, of the share price is at 0.001c just don’t pay up and let the company try chase you legally which by then they won’t have any money left to chase you legally any way. Absolute joke
 
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Currently unlisted public company.

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