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I saw the notice. Sounds like you and the other investors need to lawyer up. It may be a (very) poorly worded email, but it seems odd that a director can just announce that a subset of shareholders had bought the ailing company’s assets (seems like they bought the whole operation?!), presumably without notice to the other shareholders and for a reduced price, and they were saddling remaining investors with the entire loss.
Not advice, I am not an expert in this, but I’d start a crowdfund for shareholders and stakeholders to obtain a qualified legal opinion on the matter.
Leshaches
@nick_h.
Pedal Me recently went into administration. But a group of shareholders has done a buy-out. The service hasn't been interrupted and the company may go on to have a bright future. No jobs lost. Road.cc has covered it https://road.cc/content/news/pedal-me-goes-administration-due-huge-debt-306553
The buy-out doesn't include the small investors who bought in via Crowdcube. We've been informed that our investment is "worthless in cash terms".