The liquidator of collapsed buyers’ agency Dashdot expects to retrieve a $70,000 loan made to its founders, with less hope of recovering a $3 million inter-company loan for Dashdot’s long list of creditors.
A June report from liquidator Rebecca Gill has shed more light on the finances of Dashdot Pty Ltd, which suddenly caved in May.
Creditors have been waiting for answers about Dashdot’s finances and the prospects of returns on the $15.46 million allegedly owed to outstanding customers, staff, and financial supporters.
The findings, first reported by Capital Brief, show Gill expects to retrieve a director loan, totalling $69,295.23, made to directors and co-founders Glenn ‘Goose’ McGrath and Gabi Billing.
Gill…