Unfortunately anyone, including myself who was worried but led...

Unfortunately anyone, including myself who was worried but led to believe that debt was not a problem was taken for a ride. This deal to get debt reprofiled is entirely contingent on issuance of equity. Nothing to do with what some are touting as just a little bit of liquidity that the company has decided would be nice to have at the guidance of lenders. The company has messed up. This happens occasionally and the lenders need to avoid administration so are enforcing measures to ensure they get their money back. Without the share issuance the debt holders would be stranded. But debt holders rank hire than ordinary shareholders so the company still can lean on shareholders to chip in. Unfortunately while shareholders might have to help out this one time, there is a possibility we will get a second chance. Long term employees and management don’t get a second chance. They lose their job and entire income and in the scheme of things that counts for most when making decisions.