'I see nothing in the announcements that states that Mark...

'I see nothing in the announcements that states that Mark Pallister might pull the loan at any time.'

I think you've missed the whole point. The point is the only reason QTK isn't already in receivership is because MP has been holding up the line with his own money. No bank would lend to this company right now. What happens when the note needs to be paid out, $5mill worth in October? By the next quarterly this has to be paid out. There's not enough time, the only solution as I see it is a buyout of the company's technology for a pittance, and that's only if a Secrutiy company sees it as worhtwhile and giving a real competitive advantage. That may happen, giving the opportunity to payout the note holders and MPs loan but current shareholders will not win. QTKs back is against the wall and therefore they will not have too much bargaining power.