Liabilities exceed assets - so what, page-70

They are not doing a deal
They are going broke
Deal with it
QIN will cease to exist, quite possible tomorrow/today (I am overseas)
The Sandalwood trees may still turn a huge profit (which I now doubt since they had to lie about selling them for the last couple years) but whoever owns those trees, it will not be the shareholders of the company formerly known as QIN
(disclosure, I bought shares from 60c to $2.20 over a period of the last few years. TFC then QIN was my largest holding. Once I realised the company was lying I sold, at about breakeven. I remain in these forums to watch, listen and learn, as this will be a very expensive and lifelong lesson for me. My girlfriend has a small position in the company and I hope she does really well with her shares but I strongly doubt it!)