1)RVXOT, when you do the math, it becomes apparent that the Q4 PP for $15.1 Mil ( $11.3 US & 50% would be $5.65 Mil US) is not included in the min tally that as indicated on page 8 (not 11) of the June 3 prospectus as noted hereunder. 

"Senior Secured Term Loan(5)US$30,000,000    US$14,172,000     US$9,797,120      US$7,291,850"

2) The statement below indicates to me that they made a small payment to 3rd Eye from the Q4 PP. The Jan 31, 2019, financials show they paid $14,172,000 leaving a balance of $15,828,000. That means that from Q4 PP, they paid out the difference between $15,828,000 and $14,536.692. A total of $1,291,308. If that is so 3rd Eye has already made some concessions to the company, and that's a good sign come August 4, 2019.  

"The outstanding balance of the Secured Loan at April 30, 2019, was US$14,536,692."

Somewhat convoluted, eh!

Koo