Carl's Next Lender to Liquidate

Carl icon has pledged a whole bunch of the company, in this case, 60 plus percent or at least 60 percent based on things that have been written as collateral against these loans. And even today, why did the stock fall? What was it down to 12 percent? At some point I looked at it, this gets people concerned of whether there will be calls, margin calls. So what he's saying is, maybe the lenders who are in control here, and if they are, you know, what's Carl's next? What's this?