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streamandgo

01/06/18 6:26 AM

#1774 RE: Kongol626 #1773

In basic English: they lend a huge amount of money and agreed on several things (ao. monthly repayments). If they fail on any of the agreements (see Events of default, Ex. 10.3) TCA has the right to convert any or all amounts of the Debentures in to common stock.

Conclusion: As long as INVT follows up on the agreements and repayments there is no problem. When they get in trouble and fail there is a chance of going south very quick.