Friday, December 02, 2016 1:12:54 PM
$CDOC
Reduction of the Principal Amount of Loan Outstanding: The Company has covenanted to repay $2,000,000 of the principal amount outstanding under the Senior Secured Convertible Debentures. This amount will be paid over 10 months, with the first payment due on March 31, 2016. Since this date we have reduced the principal amount outstanding by 800,000.
Since March 2016 until July 31, 2016 the Company has redeemed a further $ 800,000 and therefore our Balance Sheet at July 31, 2016 includes a $ 9,200,000 million of the Senior Secured Convertible Debentures excluding accrued unpaid interest.
see page 35
Q3 2016
http://www.otcmarkets.com/financialReportViewer?symbol=CDOC&id=160242
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