Just trying to get a handle on the debt situation, as current as is possible with what information is publicly available.

The Jan 31 MD&A puts the remaining debt on that date...I make it to be $14.5 million USD.

file:///C:/Users/Cpl%20Cawsey/Downloads/mda-resverlogix-corp-2019-01-31-2019.03.15---final-for-sedar.pdf

The same MD&A references the January issuance of 2,213,398 shares raising $5.1 million USD.

Am I correct in assuming that the remaining $14.5 million USD remaining on the loan, that this is reflective of 50% of the $5.1 million being used to pay it down to that level?