Bionic Hosting - Bust + in Liquidation!

[AndrewMKP]

Bionic Hosting has now been took into administration and liquidation process'

 

According to the link below a petition was put together to have the company wound up and it appears they have suceeded in their efforts.

 

Bionic Hosting also known as Richard Copestake in many forums seems to have had issues in the past with its creditors also.

 

Read the full story at this link: Bionic Hosting go belly up!

 

Seems like many hosts are being affected by the current downturn and this host seems to have had serious issues in regards to cash flow management.

 

Disclaimer: I am not a representative, customer, client or supplier of Bionic and the views expressed are that of my own and not my company.

 

Anyhow, read the topic and post your thoughts here!

 

Cheers,

 

Andrew.

[redrat]

This was a full gone conclusion. Some of his creditors contacted the liquidators late last year and were told that RC is going to be made personally liable for the debts due to the overwhelming evidence of malpractice as a director. This is known as 'Lifting the Veil of Incorporation.'

 

Given what I have read I'm not surprised if this is indeed the case. Unconfirmed at this stage.

[Daniel]

Their site seems to be back up and running anyway - maybe they're not gone for good?

[handsonwebhosting]

Verified also that the site is online and working. From how the post has played out at WHT it appears that this issue is resolved, the creditor has been paid, and the liquidation has been lifted.

 

I guess we'll wait to see what happens next.

 

Times are rough for a lot of people, especially businesses. Hopefully the company can get their credit situation resolved, and are able to salvage their name and reputation without too much damage being done.

 

Time will tell.