Voluntary Administrators’ Supplementary Report, page-10

Its all a game at play here, if the company gets struck off, then all liabilities cease to exist, as it is no longer an entity. What they are really saying to realtek is, take 500k or get nothing, problem is, realtek lose face, and they don't need the money, and ASIC will distribute them back the left overs anyway. Realtek clearly arent going to sign any deal with them, and who else in the industry is going to deal with them after F*****g realtek over for 2.5 mill, no one.

Its just a last gasp play to try and stay in the game, thats not going to work