any update....., page-2

All I've heard (posted on RMA forum previously) is that hopefully may be out of the welcome administartion in a matter of weeks, refreshed, revitalised & recapitalised. New board & senior management are ready, Tabcorp business sold to Tabcorp & funds utilised to satisfy secured creditor etc. This has all been revealed at both creditors meeting & shareholder briefings by the Administartor. Major shareholders have established a funding mechanism to take MSO forward but they will control funds flow. In talks with major media players, also renegotaiting Video Ezy deal, as administration ended prior deal. MSO ownership of award winning technology is secure & established. It could be utilised in various ventures. Operating costs slashed to the bone.