It looks like the major holders could not agree on a mutually...

It looks like the major holders could not agree on a mutually supporting placement for IDC.
So ACM lends another $1.5 million at 25% per annum, with all the companies assets as security, and calls the bluff of the other big share holders.
Get your unified act together via a placement or ACM will take the lot.
Double up big boys or lose the lot.
It didn't happen in the last months, so what has changed?
Once again these ongoing discussions, could well be reflected in the share price, before any announcement is made.