Unless Heddle puts out publicly he is rolling his notes over there is no money.
Shareholders should be demanding to know if he will.
Think about it.....why should anyone buy a single more share based on news that would possibly bring in $4mm....when the company is in debt and is scheduled to pay back $6-7-8mm or more at about the same time ?
Without Heddle rolling his notes this deal doesn't even dent the debt and notes due.