First - there is a comparable chapter XI in Australia which puts a liquidation on hold and allows the creditors to vote on whether to do a "deal" or to put the company into liquidation.
Second - I don't believe your inflammatory statement about ISX being in financial trouble considering JK's statement in his 21/1/2020 letter to the shareholders regarding the creation of a prospectus, that there are no plans for a new share issue in the near future. Surely JK would be attempting an issue new shares if there was a need for more money.
Third - I find it deeply suspicious of your concern for ISX shareholders due to your "Not Held"/"Sell" status.
ISX Price at posting:
$1.07 Sentiment: Buy Disclosure: Held
