[b]PMCM's $10,000,000. Dollar Material Definitive Agreement.[/b]
WHAT IT MEANS...- [b]the company controls when the draw down notices are given (which can only be given by the company);
- the company controls the amount of each draw down;
- agreed upon discounts based on the VWAP of the company's shares; and
- the company sets a floor price for each draw down.[/b]