AYN
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0.00% 0.1¢ alcyone resources ltd

last chance to exit?, page-15

  1. burntgamber
    1,611 Posts.
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    15/03/13
    13:09
    Post #: 11543187
    Promissory Notes are basically debt but the terms are more definitive.

    I assume that the Promissory Notes will be against the asset of the company meaning that if AYN stuffs up then control of the asset/company will be taken away from shareholders.

    I can basically see a backdoor takeover from the new group coming up.

    AYN Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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