Well, investing in private companies for equity, requires taking a risk. Looks like your risk was very high and company went bust. For all intents and purposes,

Well, investing in private companies for equity, requires taking a risk. Looks like your risk was very high and company went bust. For all intents and purposes, you have lost your investment. If there is anything left over from the dissolution of this business, it must b being held by a board of trustees. You need to make your research and figure out if such residual money exists somewhere and if it does, go after it, preferably with a lawyer;s help, if your investment amount justifies it.