"TheOctagonal Group has conditionally agreed to a majority debt...

"TheOctagonal Group has conditionally agreed to a majority debt to equityswap by way of participation in a proposed rights issue that would involvean up to $5m equity investment in the Company. This may result in theOctagonal Group becoming a 20% to 25% shareholder, depending onsubscription levels by other shareholders. The support of the OctagonalGroup is conditional on, among other things, the re-capitalisation planbeing agreed to in principle by all stakeholders including all other creditorsprior to 1 March 2019."

Way can't they be more specific about the terms....?

Gandel making Rogers the sacrificial lamb perhaps?