creditor and business update, page-25

Research100

While negotiations continue the creditor would be following the legal steps as set out in their contract/deed.

Lawyers from both sides following a process which if agreement is not reached end in case and either Challenger wins and debt repaid or OCV prove debt not due and payable or Challenger gets receiver in.

Because they are arguing over a trigger event they cannot just appoint a receiver so this gives OCV time.