I think the outstanding loan amount is $13m.
$9.4m of it will become $0.11 convertible notes in AJQ bearing the same interest of 15%. $1m will go towards subscribing for new Armour shares at $0.076.
I suppose only about $3m is returning to DGR coffers, probably for working capital purposes. I wouldn't hold my breath for a dividend.
I think the outstanding loan amount is $13m. $9.4m of it will...
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