Thinking about it, if Chris was prepared to put up all the SQ42 assets as collateral for a small loan from Coutts, then what has he given away to get actual money from an investor?
Owning 10%, with Chris still being the majority share holder, would mean that if it all goes south then the investors aren't going to be on the hook for any compensation from angry whales. Instead they will be the first ones out the door carrying anything of value away: which I can only imagine would be SQ42 art and assets (inc all the ships!) at this point.
The only certainty from all this is that as long as Chris remains in charge he'll continue to burn through cash with nothing to show.