RE: MNRG29 Sep 2023 09:37
Receivables 72k and payables is (1,831,226). That has not changed in one year so the £1mill received has gone in a puff without paying anything down.
Hence the negative equity. Which is why new team bought zero equity. Anything owed to them from the loan they have provided can be made back by selling some projects. Interesting team but worthless equity.