4. Convertible loans
The short-term convertible loan in the amount of CHF 500 000 expired in May 2017. On 18 May 2017 CHF 480 000 were converted into shares (CHF 3.20 per share) and CHF 20 000 were reimbursed.
The short-term convertible loan in the amount of CHF 500 000 expired in May 2017. On 18 May 2017 CHF 480 000 were converted into shares (CHF 3.20 per share) and CHF 20 000 were reimbursed.