well, i'd call in to question the wisdom of agreeing to become an unsecured creditor to a company when your salary also comes from the same place. especially if you had to take out a personal loan to do it.
bonds are fine when thats what they are. this was nothing more than employees agreeing to loan the company money in return for a job.
i hope there is something left for them. if nothing else, it'll make a good life lesson.
i wonder if the 30k was the true bonafide cost of that training or if they were doing a jetstar and including a facilitation fee as well as pocketing the gst?