Ann: Annual Report to shareholders, page-3

Having already skinned the cat the Directors magnanimously waived their rights to the carcass: "Given the current circumstances and uncertainty, the Directors have agreed to waive their remuneration for the financial year ended 31 December 2016" and threw the bones to the CEO and CFO to pick up the $750k in loose change.

And there in Note 12 I found the heart warming confirmation that the $2m loan to the CEO Kris Marszalek has been written off to boot:

Note 12.

Non - current assets

Loans to shareholder - $2,846,915

On 20 October 2013, prior to acquisition by the Group, Buy Together Hong Kong Ltd, which became a wholly owned subsidiary of the Group on 19 December 2013, made a loan of US $2,300,000 to Middle Kingdom Capital Group (a related party of Kris Marszalek, former Ensogo Chief Executive Officer), a shareholder of the Company.

The loan has a fixed interest rate of 2% per annum payable every 3 months from the date of contract agreement. A repayment of US$300,000 was made in December 2013, with the balance of U$2,000,000 to be repaid in four equal instalments of US$500,000 every 3 months commencing  March  2016  in  the  original  agreement.

However, there was a supplemental deed dated 27 February 2015 signed by both parties to extend the repayment instalments to commence from March 2017. As a result of the liquidation and loss of control of Buy Together Hong Kong Ltd this loan is no longer carried on the books of the consolidated entity.

Sentiment: plucked chicken