Post from Truthbetold on another site on the 29/10/11, adds a little more to the story?
No - It was sold this week to Vitrus - a company that buys the shell and debts and tries to get the shares up and then sells them.
Hang onto those shares - you could get something back.
As an ex employee they owe me almost 100K - in wages and loans I have made to the company over the past year. I offered to buy a subsidiary and take on almost another 100K worth of debts that would have left something more for creditors - but even though the subsidiary was worthless - the admin chose to keep the debts.
STI Price at posting:
0.2¢ Sentiment: None Disclosure: Held