I have to agree EZ, why would they invest now with KRY's cash running out.

Here's another thing that doesn't make sense if you look at this solely as an investment perspective from the investor. They can possibly make 6% on this loan if its paid back by June 30 and/or the investor can ask for an extension until Nov. So KRY has told us the money runs out June 30. Looking at what we know only as shareholders some entity (the investor) just gave $2.5M with a deadline of payback right when KRY runs out of money, doesn't make any sense.

We certainly don't know the whole story here. No one throws $2.5M away to a company going under.

I can think of 2 scenarios why this might happen. This is the potential partner or investor that will see this whole thing through with KRY either mining or through arbitration. OR these investors are getting their foot in the door for KRY's data and in the end that is all they care about once KRY runs out of cash, I can't imagine KRY or their lawyers would be that foolish.