A company that has had the worse financing arrangement cancelled on them is about as low as it gets, the monies raised in this last chance will only be a token imho to keep the operations open for a few more months...
Within 6 months i can see voluntary administration taking place saying that all options of further finacing is impossible and Korder Menther will be the most likely administrators leaving nothing left after they have finished for mum and dad investors
Around 7c cashout is far better than a full Tax write off
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A company that has had the worse financing arrangement cancelled...
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