Was this renewed?
"In August 2009, KIH (Macau) Ltd, a subsidiary of a company which retains the Chairman and CEO of the Company as a director, entered into an agreement with the Company to provide advisory services until December 31, 2009 with a renewable clause for an extension of three months."
Did KRY have to pay up or is this still ongoing? The action was dismissed.
Advisory services
The Company has engaged a financial advisor to assist the Company in assessing options to settle the Noteholders' claim and if appropriate assist in negotiating, structuring and executing the selected option. The Company has agreed to grant to such advisor 3,000,000 warrants to acquire common shares of the Company at CDN$0.30 per common share with an expiry date of three years from the impending date of approval of these warrants by the TSX. In addition, the Company has agreed to pay a success fee of CDN$1 million to such advisor.