Is it all Gloom and Doom and time to Gloat?

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World Television

Re : Convertible Loan Notes

Today's webcast says that :

Repayment in 2007 would require Approximately £1,280,000

If WTV decided to issue NEW shares instead of paying - off the £1.28m

The conversion of the £1.28m to shares (according to the agreement) would be at 1p

£1,280,000 Divided by 1p = 128,000,000 New shares would be required to be issued.


3Parsnips

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