Ann: Material Terms of Employment (Chief Executive Officer), page-28

I admit I am not highly schooled on QIN but have been following the latest round of issue's with interest.
As an outsider looking in it appears current SH are about to be screwed.

Unfortunately it appears (confirmed by the debt downgrades) QIN have very little negotiating power on behalf of current share holders and are going to be forced to make some sort of deal or go broke.........the bankers now smell blood in the water and hold all the power............this is a recipe for the debt for equity swap to be a complete disaster for current SH's.

At the moment it is a complete and utter waste of time and effort to argue the future of this company as it is entirely in the bankers hands and they don't give a sheet about other investors.