I think it was sold out (I mean sold off) to the largest...

I think it was sold out (I mean sold off) to the largest investor, Conti Street Partners (or a related company). I saw it coming when they kept offering more cash injections. I think they got it for their investment of $6 million and legal costs.Not bad for a company that spent about $25 million of investor funds and were doing great a few weeks before administration!

Here is a story about the sell off and how great they were doing last year.
http://www.seafoodsource.com/newsarticledetail.aspx?id=2802

I'm not sure what is happening to the AAQ shell.