Bella Saadie
#13199
Hi oeilliw,
Sorry for the delay in reply.
1. Page 1 and 2 of the convertible note document available of the listing has the conversion provision
2. 20% discount as per the convertible note document
3. No there is not
4. We will consider amounts of less than $50,000 however subject to our discretion, they may be rejected. Amounts of $25,000 and upwards will likely be approved.
I believe you have missed something. This is a capital gain investment. When the valuation of the company equals the number we have assumed or exceeded higher and above, significant gains can be made by investors. This is an investment into the equity into the business, it is not so much the interest return on convertible note, but the increase in capital value due to your participation that is the gain.
If you have any questions, please let me know, or email bella1@marketlend.com.au.
4 years, 10 months ago
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