Originally Posted by
CaptainProp
Can’t read what it says on attached picture. Does it say anything about what lead to this in the end? I thought they had found investor who was putting cash on the table to continue operations?
CP
It says, despite the additional financing being available, the courts have taken the decision not to sanction the addition financing.
They claim it to be "surprising", but the court have probably seen this all before and decided not to allow more money to be whizzed up the wall supporting a dead concern.