On December 15, 2008, PKF (the appointed administrators of Mobestar) sent out a
Letter about Mobestar's Insolvency. It gave details of the company's current financial situation and a proposal on how to handle the company's insolvency going forward.
The full letter can be read
HERE.
What is clear is the following:
Page 24 and page 25 illustrate who the company owed money to. These are companies that have not been paid by Mobestar.
The University of Surrey (a law firm) - not paid over 5400 GBP.
To me, it is one level of low ethics to not be fiscally responsible to another business. But to swindle a University takes extremely low morals.
Penningtons Solicitors (a law firm) - not paid over 4000 GBP
Rackspace (their web hosting firm) - not paid over 18000 GBP
Martineau Johnson (a law firm) was not paid over 21000 GBP
Hemscott (a press release firm) - not paid over 2000 GBP
Business Wire (a press release firm) - not paid over 9000 GBP
BDO Stoy Hayward (an accounting firm) - not paid over 15000 GBP
Smith and Williamson (an accounting firm) - not paid over 5000 GBP
Not surprisingly, Suzanne Newes-Smith, the company had a credit due of 0 GBP. None of the other Board Members, Directors or Senior officers listed had amounts due them.
There were several names listed as 'Potential Creditors' to the company.....(page 26)
Mr Stephen Doyie
Mr Gavin Edwards
Mr Colin Mead
Mr Robert Simon Meeds
Keily Newell
Mrs Suzanne Newes-Smith
Mr Peter Richards
Mr Peter Skinrer
Mr Prakash Sankaraq
Mobestar now becomes one for the records. This is pretty much the aftermath. As I said in a previous post, now there is a record for someone doing a search to see who was involved and what happened. I hope that the research done here helps others in future making a prudent business decision on whether or not to deal with these individuals.
Marc Lesnick
Conference Organizer
Internet Dating Conference
