RE: swizz22 May 2016 20:15
Just wondering why on earth this company is still going? Debt has been secured by a personal guarantee of directors. Now at the last AGM the right to issue shares was rejected. Now if the board want to they can liquidate the company. But unfortunately that means the directors are hit for the loans. If the board have authority to issue shares they could put in their own money at a low price to get full control of the company. Maybe they will buy shares in the open market.. That's good for holders!!