Possible current payments + 107mill shares at 4c (not sure of the exact issue price yet) + the $1.2mill
Could be restated as:
Possible accrued payments until now + 107mill shares at 4c (not sure of the exact issue price yet) + the $1.2mill)
So I figure since inception until total cancellation on the convertible note, they repayed $8million dollars (Guess) and actually made upto $12million dollar profit on it.
Outstanding result.
HYO Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held