The company entered voluntary liquidation in late May 2026, as reported by REB, with more details now emerging regarding the dire state of the company’s financial affairs.
You’re out of free articles for this month
The business was founded by Glenn “Goose” McGrath and Gabi Billing in 2019.
An initial report to creditors from Teneo Financial Advisory Australia, seen today by REB (which is part of the Momentum Media network that also includes SPI), shows 695 customers are listed as creditors for “prepaid services & refunds”, with claims totalling $10,594,079.
Prepayments and refunds to clients amount to a whopping 64 per cent of the total $16,572,792.80 owed to creditors, the liquidators’ report…