The CEO of Queensland based distributor E3 Style Vanessa Garrard claims that her Company, has not been placed into liquidation, she claims that E3 Style, which is suffering from cash flow problems, was deliberately placed into voluntary administration.
Garrard claims that the Company became the largest licensed electronics distributor in Australia and that her Company will continue to trade, and that she has every intention of fulfilling all existing orders. She has not said whether she has the ongoing financial capacity to fund the placing of further orders with overseas manufacturers.
Documents lodged with the Australian Securities and Investment Commission clearly states that a registered Liquidator Domenico Alessandro Calabretta …
Read the full article at: http://smartoffice.com.au/bitter-e3-style-infighting-revealed-after-voluntary-administration/