QBL Facebook page open, page-132

Ah I didn't see you mention that, but yes I completely agree.

If they impair the loan, then that says the debt has gone bad and there would need to be some action on their part on behalf of QBL shareholders to recoup that debt or that would be sacrificing fudiciary duties. In the current 'limbo' state, likely with the loan terms allowing this, it essentially allows them to do nothing without forsaking fiduciary responsibility under the expectation that if Volcan becomes able to pay it back (in some tangible or intangible way) then they will, if not, then when volcan becomes unable to pay their other debts or goes into administration, they can hand over the QBL recoup to the administrator and let them deal with it (likely for pennies on the dollar).

This happens more than you would expect in the small cap sector. I don't think it's enough money that you would get anywhere considering QBL is currently worth 108 million, so it's ~1% of the QBL valuation, but you can always try and find other likeminded shareholders who have the same concerns.