Rereading above, I have not been clear but what has taken place is-
Mather lent millions of DGR funds to AJQ, a high risk money burning company. Funds lent unsecured.
AJQ has been put into receivership- All secured notes bought back at 99c in the $1 and our unsecured notes worthless.
DGR has taken an expensive and dilutive loan to buy the company back.
Loan hastily taken out and creditors not supportive of DGR's proposal.
We have lent millions, lost these millions and now have had to take up a loan to keep the AJQ story alive.
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