Finance, page-19

the risk of debt, is how it is structured.

if it went into administration, after the debt fiance was all used, eg, due to an unpaid creditor, calling on payment etc.

if the lender, became a creditor, was infact a shark who wanted to steal the assets in a DOCA to a third party. ?? - im no finance expert, so not sure if that can be structured.

But, if,,,,, In that case, eg, under DOCA (deed of company arrangement) with is a means of transition from administration to return to liquidity - Shark mates company offer terms - you a consolidation of 100-1, Along with recapitulation, and if the creditor accepts say 50c on the dollar. . you accept 100-1 or nothing.

Its basically corporate theft.

Giving them shares is a safer option, or a convertible note that we can pay back plus interest, or they convert to shares. The convertible note is a better way, because if we do get the revenue flowing, can be paid back with interest, not shares.

We just dont want to have outstanding creditors, who can snap their fingers, and call in administrators who then just shaft the existing holders.