£50k Convertible Loan Agreement18 Feb 2024 13:27
Just struggling with why would Martin Armstrong, an Insolvency Practitioner, lend such a small sum as £50k interest free when he is not even a director any more?
Just seems very odd to me plus what about all the other liabilities reported in the Interims? £1m of debt and he lends another £50k when there is a Legal Charge.
Doesn't make sense …..