I picked up on that also. There are still a lot of things that are potential road blocks and this is another potential maybe. In the context of all of the other press releases that never came to fruition it's hard to get one's hopes up, but if there is one thing that is different here it's the fact that someone had enough confidence to put up $250,000 of convertible debentures. These are unsecured and with a conversion price of $0.09. This means someone thinks the stock price will reach $0.09. What I don't know is if a reverse split will occur when/if listed on the TSX to cause the share price to go up that high. I'd be curious if that's legal, but I imagine if they do that, it's been chewed on by their Legal Counsel and received the okay.
Phillip
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