Ann: Update from Administrators, page-8

Uh the cost of production was more than the payment for shipments...why do you think the company is in administration.

People should be cheering this result. People might get something out of it now (even if cents on the dollar) compared to a complete doughnut. Although that is still dependent on a recap which is far from certain.

Basically a backdoor listing chance now, offer capital, change management team and take control.