As the Liquidation process for the company is still in its early stages we cannot say with any certainty whether there will be a dividend payment to any class of creditors in this case at this time.
We are in the process of conducting an investigation into the company, and its directors, and preparing our reports to the Office of the Director of Corporate Enforcement.
We are also in the process of assessing the recover-ability of company assets so that their value may be realised and available to be distributed to the company’s creditors.
We have not at this time received direction from the Director of Corporate Enforcement whether any liabilities should be placed onto the directors of the company personally or whether any other action should be taken against the Director’s of the company. If this position changes at a later date after the Director has reviewed our reports, I will obviously revert with an update.
Thank you for your patience at this time.
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I trust you find the above in order