The company owes millions of dollars to disties and unpaid superannuation to Mwave employees.
Esel sold Mwave to DigiDirect Group, prior to the company going under, and one distributor requested new administrators during the first creditors meeting, according to new documents.
CRN Australia has obtained a copy of minutes of the meeting held by ASIC on June 25 that show the DigiDirect Group purchased the company for more than $1 million, taking on employee entitlements.
The administrators noted that some superannuation continues to remain outstanding to employees, but investigations are continuing…