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Thursday, August 26, 2021 11:26:58 AM
Loan of $5M to optec from RBC -
Company and Holder further agreed that such services provided by the Holder to the Company would be evidenced in a convertible note, which convertible note would be convertible into shares of common stock of the Company at the rate of $.70 in accordance with Section 3 below:
Principal & interest
$5M
interest - 5% per annum
Note for period for 12 months and CANNOT be converted until six (6) months from the date first written above has passed.
That would be earliest March 14, 2022.
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