Thread: iRex Technologies files for Chapter 11
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Old 06-11-2010, 01:23 PM   #87
netseeker
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According to Financieele Dagblad and german Heise Online, the insolvency administrator said that iRex has liabilities of around ~5Mio EUR.
He also said that business will continue for now and that there is keen interest in iRex - especially from foreign countries. He is looking for investors now and seems to be optimistic about it.

Well, no surprise so far...he sounds like almost all insolvency administrators in the majority of such cases....
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