and still waiting for a refund or for the build to start up to two years later.
Associated business Jump Loops continues to trade but faces a wind up application in Victoria on June 6. "Over the course of the coming weeks, the administrator will be assessing the financial position of the company with a view to developing a recommendation for the future of the company for consideration by creditors," Mr O'Kearney said.
"The company has been hamstrung with ongoing legacy issues with multiple leases on premises that were unable to gain approvals," the spokesperson said. "This has resulted in an increase in costs and legal expenses that were simply no longer viable for the company."Mr Campbell said earlier this year about 80 franchisees were still waiting for a swim school site or development approval.
carawaters Surely there has to be fraud somewhere? When someone loses money, someone else gains.....it doesn’t just vanish. Check bank accounts, spending patterns, assets of the directors etc.
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