simon ehrenfeld delusional, page-71

By your own admission:

"Current liabilities (i.e. all debts due in the next twelve months) exceed current assets (i.e. all cash or near-cash assets)."

So how responsible was it to declare a dividend?

As a past president of the Young Liberals, SE obviously harbored dreams of a political future, but obviously his "talent" wasn't recognised by his political party of choice. May be a pitty, because he has shown all the qualifications of a politician in his stewardship of EFT
eg
Grad Diploma in Obfuscation
Grad Diploma in Meetings and Committees
Masters in Pork-barreling
PHD in Branch (board) Stacking