However, the company was forced to write off most of that amount when Mr Ferrone was declared bankrupt last week. His personal assets include eight million shares in Australian Waterwise Solutions, which were worth about $300,000 at their last sale quote of 3.8 cents.
Surely he should have to hand over his shareholding back to AWS in lieu of his debt?
AWS
australian waterwise solutions ltd
ferrone cause another coy to bust, page-2
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