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More articles about E-mersion on News.com.au

 

https://www.news.com.au/finance/business/technology/aussie-techmedia-company-collapses-owing-12m-after-only-making-four-sales-in-four-years/news-story/716e22de4abb61073d397488556490c5

Private Investigator has reacted to this post.
Private Investigator

E-Mersion Media was losing money for years: liquidator

 

John Iliopoulos’ Aussie tech-media company collapses with $12 million debt

 

https://greekcitytimes.com/2024/08/14/aussie-tech-start-up-fails-after-just-four-sales-in-four-years/

 

Private Investigator has reacted to this post.
Private Investigator

Peter Stern and Chris Iliopoulos are just as guilty as John, they were directors of the parent company too. Funny how they’ve totally hung him out to dry. I almost feel sorry for him. Almost. 

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Private Investigator

Quick update:

  1. FEG has paid out the former employees who were interviewed seeking unpaid entitlements in full.
  2. FEG has confirmed (as part of their reasoning for issuing entitlements) that e-Mersion was trading insolvent.

Hope this puts to bed the discussion around whom was telling the truth here and FEG will look to recoup the the spent government funds from those responsible.

 

Cheers.