In order to understand a little more about the financial health of the directors and the company itself, we will need to know the following:
- If any of the directors have previously been declared bankrupt
- If the company has ever consulted insolvency practitioners
- If there are any loans outstanding to the company, including overdrafts
- If the company has any convertible debt outstanding
If the answer is yes for any of the above, you’ll be prompted to provide further details. These items will be discussed with your Campaign Manager, but will likely require adding a disclosure into the campaign to inform investors of the situation.