Interpretation below;
- Arranged substantial debt repayment and expansion facility, challenged by an acrimonious secured lender acquisition.
- Paid contractors by issuing 3B’s, challenged by Quintana calling the administrators
- Restructured the business plan, developing financial model and memorandum to target financiers.
- Issued more 3B’s to financiers targeting them
- Negotiated finance, facilitating expansion plans.
- Issued more 3B’s to expand the register
- Reversal of poor financial and operational performance.
- Receivers and managers were called
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Interesting, page-5
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