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Friday, April 22, 2022 12:43:06 PM
The exception would be when IBEX & St John's Roll Over their Convertible Loans for another 2 years as they have done many times. Lender 'T. Kim' has also been Rolling Over his Loans.
The convertible lenders also have the option of holding the shares that they receive for loan repayment. In this case the OS increases but the shares are not sold into the Market.
Our COB Richard Staelin has loaned over $350k in the last 2+ years on an interest only basis, no conversion option.
The most recent Convertible Loan conversions would have been scheduled for:
origin date .amount . maturity .. lender
2/24/2020 $ 72,724 2/24/2022 Jarman
3/5/2020 . $ 61,541 3/6/2022 . T. Kim
4/1/2020 $ 12,212 $ 4/2/2022 ..Jarman
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