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Old 18-03-2014, 15:09   #1
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Sit-up ask workers to take Price Drop to keep channels bidding.

Info from Shopping telly.tv Forum.

Quote:
The auditors for Sit up / Bid TV have sent a pack to everyone they owe money to - this includes suppliers, freelancers, staff etc. They are seeking a voluntary agreement to write off £68 million worth of debt. They are offering just £600k towards what they owe. That means at best everyone will get less than 1% of what they are due. So if they owe you £100 you will get less than £1.
Voting on a CVA is set for 2pm (UK Time) today (March 18th).

For more info go to http://forum.shoppingtelly.com/forum...-and-suppliers or http://forum.shoppingtelly.com/forum...s-CVA-proposal

Rumour from Coming Soon to Virgin TV (2014) Thread:
Quote:
Originally Posted by RichardCoulter View Post
Just heard a rumour that price-drop (741) and bid (745) are going to be removed by VM.
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