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Ann: Restructure and Refinance plan, page-22

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  1. D1326
    452 Posts.
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    22/02/19
    20:54
    Post #: 37537981
    I think he is talking to the current note holders, the employees who were issued with convertible notes @12.5% interest and a discounted conversion price of .35cents. I think these guys who thought they had the keys now have to convert to equity and hopefully at a sensible price. That is my reading and please correct me if I am wrong
    CTL Price at posting: 0.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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