We should own 100% of site 1 & 2 as long as keep u

We should own 100% of site 1 & 2 as long as keep up the payment on the 9.6mil.
Is that how you take it?

Notes Payable-Cen Biotech
The Company contracted for the sale of up to 25% interest in its net revenue from the facility it is currently building in Canada for a total of $20,000,000. In the nine month period ended June 30, 2014, the Company had sold 10.1% of the 25% interest for $8,079,740 and recognized this sale in the revenues of the Company in the nine month period ended June 30, 2014.
The Company had sold a 24.5% interest in a second facility it is building for $1,064,651 in the quarter ended June 30, 2014. This sale was recognized in the revenues of the Company for the nine months ended June 30, 2014.
The parties renegotiated the agreement under which all amounts received by the Company from the investor/lender are considered debt financing. The investor/lender has no rights to any equity
The Company has signed a new demand note for $9,600,000 with an interest rate of twelve percent on December 13, 2014 and the above investments received have been treated as debt from the time they were received.