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"the debt financing convertible debenture arrangements entered into with Roynat Capital Inc. and Knight's Bridge Capital Corporation ("the Lenders")."
Does anyone know what kind of arrangement they have with Knight's Bridge? I've purchased shares privately in the past through a company with the identical name, only to watch them get hammered once Knight's Bridge started dumping the massive number of shares that they'd earned doing the initial financings and by converting their debentures.
I hope that doesn't happen here because this technology and business model looks like it could be a real winner.
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Bob updates shareholders on recent corporate changes.
