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Wednesday, February 19, 2014 5:46:51 PM
It stated, "The Note bears interest at the rate of 12% per annum and may be redeemed by the Company in cash."
It's obvious that the company would have the right to redeem the note in cash. This infers that there is another method of redemption available to the company which I assume would be issuing shares to redeem the note which it has done almost a hundred times in the past for similar notes or debt obligations.
Just saying!!!
p.s. Have a great day everyone. I'll be back in the morning.
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