Here's something that all of Lyford's investors should be looking at, what exactly has he closed down?, there are no formal filings with companies house that I can see so perhaps all he has done is turn off the website & turn his back?, is he naive enough to think that this will suffice?
Then the question arises, what entity exactly sold the shares to the investors>, was it Banx Ltd?, if so than a formal liquidation needs to occur with a full winding up process undertaken with final tax returns filed,
or was it Mark Lyford as an individual? in which case, given that you cannot liquidate an individual if he cannot repay the investors he will need to file for personal bankruptcy (again), this will be a good thing as it will kill his directorships of any other company he may be associated with & offers the investors the opportunity to pursue adversarial proceedings against him to deny him bankruptcy protection from his debts,in other words, kill his credit for at least 20 years,small token,
something to watch