re: Ann: KNeoWORLD wins awards from The Toy M...
Thanks Odyssey99, So ESN have the following choices No money or Cap. raising or Substantial revenue from kneoworld or Friendly option holders that will convert by their own free will or Issue more notes.
I would like to think this is already sorted by the company. There have been no progress reports on revenue.
Question you may or may not know the answer to - Would note holders generaly be one or multiple entities?
I would have thought that if some one can afford to lend $XXX.xx unsecured to a company then they could afford to convert the options as it would have been part of a stratergy, the note holders would not go into this blind, with fingers crossed.
ESN Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held