Aurora Spine received a loan from a company insider, according to Stockhouse.
Here are four notes:
1. The loan amounts to $1 million.
2. The company plans on using the funds from the loan for general corporate purposes.
3. The loan bears an interest of 9 percent per year, to be paid back in five years.
4. Recently, Aurora Spine granted stock options to the chairman of the company's board of directors to acquire 1 million common shares of the company.