Ann: Extension of Acquisition Settlement Terms, page-17

Not sure why you see putting the payment on hold as a problem.. If the company did a CR they would pay 5% plus in fees to brokers for money raised and we would be diluted . If I was in directors shoes I would do the same thing as maybe they are backing the share price to be a lot higher at end of year and are going to get the money via exercise of in the money options. The process of putting payment on hold is a way of rewarding shareholders 1/ no more dilution . 2/ not raising money which is always offered at a discount to current share price . 3 / to raise money would be the some cost if not more then the interest rate payable the the loan .
Good Luck and DYOR.