It is estimated that Digislide, a technology company, owes at least $4 to 95 creditors.
The administrator said 4 million
A confidential information memorandum prepared and obtained by the Administrator shows that the portable projector developer owes five of its employees and two subcontractors an outstanding right of $901,467.
Although the memorandum states that the accuracy of creditor's claims has not yet been determined
Co-director of BDO, Humphris-
It seems that Digislide has about 95 creditors (
Including director
Related entities)
They are estimated to have been in arrears of $4,423,378.
It notes that this number may increase if more creditors make claims.
The final offer for listed companies and their assets will be issued by February 22.
It provides its corporate shell, intellectual property and assets, including available shares and shares in eight unlisted entities, and some of the relevant entities include H2Oasis Energy, Trace Optics Technologies, voice
The report points to the difference in liabilities disclosed in the company's annual report.
Since the appointment of managers, Digislide has been "reducing capacity" and "maintaining asset value as much as possible," the company said ".
Led by General Manager Luceille Outhred, Digislide introduced administrators in September after creditors multi-vendor support services met two statutory requirements for Dry Creek-
The company failed to repay $500,000 plus interest on MVSS as a convertible bond investment.
Mr. Humphris and Mr. George Divitkos, BDO partners, were appointed after the first meeting of creditors in January, replacing the company-
Peter Macks and Tim Clifton, PPB consulting partners, were appointed.
BDO will not comment on confidential memos.
Creditor Mal Fraser-
Sydney founder Clay
The MVSS-based company said 12 creditors came forward in response to his call for collective action against the company, but he received legal advice saying the company could not continue.
Mr Fraser said: "I can't let the collective action go on because there are so many people in different categories who have been screwed upClay said.
"Four or five different types of losses have already occurred.
Pure investors like me, then people. . .
He lent the money to the company and then converted it into shares.
"He didn't see the memo, but he said that even if the company was saved, he was not optimistic about taking back the investment.
"If I get anything out of it, I'm kidding," he said . ".
BDO said it was preparing a report for the next meeting with creditors but did not set a date.