Dunedin craft chocolate company which once raised $2m through equity crowdfunding faces ‘financial uncertainty’ and can trade for only ‘short amount of time’.
A special meeting to consider a resolution to appoint a liquidator will be held later this month.
Directors of Dunedin craft chocolate company Ocho are proposing voluntary liquidation because the business faces financial uncertainty.
Today, the board told staff and shareholders that the company was unable to trade out of its financial situation and had no prospect of achieving future
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Read the full article at: https://www.nbr.co.nz/business/ocho-chocolate-directors-propose-voluntary-liquidation/