Next step
Check the ASIC published notices and the Griffiths Mitchell Richmond site for the liquidation and any sale notice. If there is one, ask the liquidator for the asset list, covering IP, source code and any licence agreements. Unless there is recurring licence revenue, deprioritise this company.
Risks
- No recurring software revenue
- Hardware dependence
- IP may not be transferable, and robot vendors' licences may not transfer
- Brand and website are stale, with a 2021 copyright
- Liquidation is unconfirmed in public sources
Unknowns
- Whether any software is separately owned or licensable
- Whether any customers pay ongoing licence or maintenance fees
- What assets the liquidator is selling, and at what price
- Source code state
- Current operating status of the Federation Square store