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05/08/14
10:04
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Originally posted by dilligas
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Who are these sophisticated investors - surely they have done their due diligence.
Anyway I'm sure it's very good news for the landlord - if they pay the rent maybe he will give them the front door key. Will they even be staying in the High Street premises - there's a few years left on the lease to go.
And very good news for the staff who are owed tens of thousands - hundreds of thousands in waqes and entitlements - I'm sure even the ATO will be happy. They may even get their money
And I bet Gadens are sorry they settled - if they did actually settle.
I'd be interested to see who get paid first -directors and senior staff - or the staff who have kept GCN going with no wages.
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The web gets thicker.
Winding up application on Go Connect Australia at 10.30 today in Supreme Court Melbourne.
IMO DYOR