Next step
Check the ASIC published notices for ACN 615 590 004 and contact Amanda Lott's firm. Ask whether the client book is for sale and request a client list with monthly revenue, split between hosting-only and managed services, plus the hosting provider and contract terms.
Risks
- Contracts may not be assignable or may end with the liquidation.
- Clients may have left already.
- Delivery staff are largely offshore and may be gone.
- Hosting accounts and credentials may belong to the clients or to third parties.
- Taking over 24x7 SLAs would need a full-time person.
- The liquidation date could not be verified.
Unknowns
- Number of clients and the split between hosting-only and managed services.
- Pricing and contract terms.
- Whether the administrator is selling any assets or the client book.
- Where the hosting runs and who owns the accounts.
- Whether the business is still trading.