not at all how it went down
no money was ever paid to xstate, and absolutely no money was ever returned to any of the investors
all 4 defaulted, all 4 named in the WA supreme court complaint, and enforcement is only being taken against 3 of them in singapore, the indonesian judiciary does not accept australian court orders, so no hope of any recovery in that jurisdiction.
DEALROOM
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
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