The final liquidation report into the failed Fortress Information Systems Limited – which traded as Ticket Rocket and previously as Ticket Direct – has been released, showing that creditors are owed close to $10 million.
With receivers first appointed to the Dunedin-based company in August 2020, liquidators were then appointed in October of that year. After unsuccessful attempts to sell the business, iy ceased trading on 30th November 2020.
The receivership was completed in May, with control of the company handed back to the liquidator.
Their final report reveals the company’s debt to the Bank of New Zealand was $5,124,195.17, with $4.81 million remaining…