savings lost, page-4

re: savings lost/not at all marik
the company has not been wound up
it is in receivership
this basically means that a bank or other lender has a charge over its assets
last I heard the usa and canadian branches were saleable
if the receiver satisfies his own debt from the proceeds of the two sales, closes down the aussie business, and there is money left over, you will still have some value in your shares
if there is not enough to pay out the debenture holder, they still cannot take ownership of your shares, so in the end you will get something because the shell will have value to a new round of entrepreneurs
good luck
hitched