Hi All,

After speaking with liquidators office this morning of Cyberhorse Pty Ltd, I can confirm the following:

1. The petitioning creditor was the Australian Taxation Office whom are owed ~ $181,500;

2. On or about 1 day prior to the appointment of the court appointed liquidator, the assets of Cyberhorse Pty Ltd, in particular things such as the customer lists, domains, email addresses, phone numbers, subscriber lists etc were sold to another company Cyberhorse Bloodstock Pty Ltd which is a related party. The liquidator as part of their investigations is looking into the sale of the business to ensure that it was at fair market value.

The good news for Cyberhorse clients is that there may well be a resurrection of the service so that those affected can continue to receive what they have paid for.

__________________
Regards


Paul Daily - Ratings2Win Pty Ltd (Director)
R2W Axis - Axis is Australia's leading horse racing software and database; with sophisticated form analysis tools and accurate performance ratings that include Hong Kong.
http://www.ratings2win.com.au/