Originally Posted by
admikar
Question regarding 10.4: if deposits are used for R&D, how are they going to refund in worst case scenario?
Good question, probably depends on what 10.3 says. But safe to say if the money has been spent, there's little chance that it will ever come back. Any depositor would come at the back of the queue of creditors. But really any depositor knows that. Better hope Dr Hill is wrapped in cotton wool until at least first flight.