They have a drawdown facility along with Capresi this is what they refer to as financial support. The loan notes can be converted at 30% the share price within a given period.
and straight into Darwin's bank account. The spread will more or less make sure they are the only winners here some punters may get lucky but not many.
I wonder what the good old dragons would say if they went to them and valued their company at £4 million then told them how much revenue they were generating and money they were losing.
No prizes for the answer.