Check Out The Latest Loss

Remember Some will never forget. It’s the online travel agent that collapsed last May with $4.4 million in debt; 5300 consumer and industry creditors.

It was sold four weeks later for $35,000 by the receiver to the Disruptive Investment Group (DVI), which has been operating it since.

This week DVI reported a loss of -$466,151 in the six months to Dec 31.

DVI accounts say revenue for the half-year was $427,818, presumably generated by

Costs at DVI, however, were $906,703.

Looks like Check-in’s numbers are still not adding up.

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2 thoughts on “Check Out The Latest Loss”

  1. It’s bought a bathroom importer? With a small team what will they focus on?

    Looks like Simon ex MD and Kate ex GM have retired to bryon bay.

    ASIC have released the final accounts. Does anyone have them?

  2. Bought for $35,000.

    Losing $400,000 per six months.

    Cash $1,800,000. ($1,200,000 of it from recent share issue)

    Market cap $9,100,000.

    Buys Allure bathrooms?

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