The company has said plenty of things that haven't come to fruition. Why would the outcome of Poolworks be any different?
"Restructuring" doesn't mean magical erasure of debt. I really don't see how they're going for to keep it with nearly $2MM in back VAT to the government (doubt they take any less than what's owed), plus $40MM to past creditors. Seems completely unrealistic for a company with no money and millions more in other debts and toxic loans.
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