Last month Geneva said it had breached its covenants with BOS International, a division of Britain's Halifax Bank of Scotland, and was in talks with it.
Yesterday Geneva's board faced shareholders in its first annual meeting since listing in July as part of a restructuring plan to save the company from going under.
Managing director David O'Connell said he hoped to hear back from the bank within two to three weeks but did not want to push for fear the bank would turn around and say no, The New Zealand Herald reported today.
Initially Mr O'Connell said that if BOS did not come to the party the company would go to the receivers, but he later said there were other options that the company could look at but not until after BOS had made its decision.
