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JPetroInc

02/27/17 8:30 PM

#125907 RE: jason_luke #125904

please show where Magna defaulted loans in excess of $16-Mil. have been satisfied

lets not start sending off fire works like AMBS of old

there's a lot of moving parts to the LOI

and that's all it is an LOI

jason_luke

02/27/17 8:33 PM

#125908 RE: jason_luke #125904

"Prior to the Asset Investment, SeD Biomed will make available funding to help Amarantus pay down key expenses, and initiate the process of settling Amarantus' outstanding secured debt and convertible preferred equity securities, in addition to Amarantus' accounts payable."

Straight from the PR.