You should be counting your blessings instead of cursing your fate. You're lucky you bought fully paid ordinary shares in a proprietary limited company! Otherwise the receivers would be coming after you for any outstanding instalments on your shares, and/or your personal assets up and including your house and your super.
I remember many years ago there was a tollway project in Sydney that failed. To help fund it the developer issued $2 exchange-traded notes for $1 up front and $1 after 1 year. There were problems with cost blow-outs and engineering problems. As things got worse and the second instalment date approached, note-holders started selling their notes on the market. Before trading was halted, the notes were being offered at 0.1c. Retail holders saw "$2 notes" and snapped them up by the millions. In the end receivers were appointed and called in the remaining $1. Investors lost everything. Those who wouldn't pay were slapped with court orders and injunctions. Those who couldn't pay were taken to court and some were bankrupted. A number managed to avoid their commitments with dodgy transfers and the like, and quite a few were "forgiven" because it wasn't worth the cost of chasing them.
Oh sweet tadpoles, take care out there. If you're looking at something that isn't clearly labelled "fully paid ordinary" then you need to be absolutely, totally certain that you understand exactly what you're buying! There's no mama frog to look after you and make things better when you buy a bad stock.
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