Quoted: "Asked if he thought the banks would agree to a debt for...

Quoted: "Asked if he thought the banks would agree to a debt for equity swap, Mr Rufrano said he did not know, but the current management team was the banks' best hope of getting their money back."

The banks have their finger on the electric chair's power switch. Only problem is they are sitting in the chair.

Time will resolve this whole down turn and everyone will once again be happy.