Ann: Appointment of administrators, page-11

I'm surprised and disappointed they didn't step in earlier Goarmy.
Maybe they didn't see a future for the company so time to cut their losses
They are also the ones I previously referred to as 'in too deep to let it slip'.
The Company risked trading insolvent (due to insurance issues) so they had no choice but to go into voluntary administration. The Administrators stepped in instantly which leads me to assume they have been there in the back ground for some time. Voluntary administration can't be a good thing for AGP/Silverstream.
We all know the Administrators will suck every penny out of this so even if they have secured loans there won't be anything left once they are done. Even I have now given up on their chances to come back in one shape or another.
Does anyone have a feel good story of where Administrators have secured finance or generated an income from assets to keep a company alive? Please let me know if that has EVER happened.

Good luck with your next investment and hopefully it can cover some of the losses from MIZ.