RE: Transparency Needed Here !14 Sep 2020 10:55
Have They Made An Extension Payment ? If Not is the Exclusivity Over ? If They have why haven’t you announced it !
The period of exclusivity originally entered into between Sun Seven Stars Investment Group ("SSSIG") and the Company has been extended until 1 September 2020 by the payment of £75,000 to be added to the existing one-year loan note carrying an annual interest rate of 10% per annum and convertible at the price of any subsequent share issue in the contemplated transaction. SSSIG has the right to further extend this period through to 1 December 2020 by making additional payments.