I think you'll find that the answer is none of the optimistic ideas floated above. I won't attempt to post the whole thing here, but go to AOW's web site and download the prospectus relating to the capital raise (http://clients3.weblink.com.au/clients/americanpatriot/headline.aspx?headlineid=3512320).
Scroll down to section 5.6 - Litigation and read through 'Claims by CIP and CPS', 'Creditor's Statutory Demands', and 'Defender Fund No. 2 - Default Notices and Forbearance Deeds'.
Not pretty, but you'll see the need for the capital raise.
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