OnQ was placed into voluntary liquidation on December 23, 2008 by resolution of the company’s creditors. It remains unclear what impact, if any, this will have on the Bill Express equipment which sits in the back rooms of thousands of newsagencies around the coountry.
On Q is the company which committed to paying rebates to newsagents for the Bill Express / DialTime equipment and services. The rebates were the reason many newsagents signed with Bill Express.
OnQ oine of the Bill Express related companies which would have been part of the ANF due diligence process in the lead up to their endorsement and promotion of Bill Express to newsagents. The ANF did not conduct any due diligence.
Dose anyone have any details on the Bill Express matter that was filed in the Federal Court’s Fast Track List and is listed for a
Scheduling conference in Melbourne at 11 a.m. on 17 December 2008.
It was procedural Neil. No news yet. mark
I hope the filthy thieves get sent to jail. There was nothing wrong with the business model, it should have been going along fine by now.