Hmmm Please explain. Were is or whats the Security VIC have to...

Hmmm Please explain.
Were is or whats the Security VIC have to put up against the shark loan.
Just for Clarity ?.
Being Con notes, will now Magna be a major creditor : ( spooky if so..
What happens if slowly down the track,funding financials etc and thing go even further pear shape ie: missed time line etc as seen all so often.
Cricky.
Put up security i believe is Certainly a company's Material event.
Clarity required ?
Full continues disclosure information concerning it that a reasonable person would expect to have a Material effect on the price/value of the company. Yes ?