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    Queensland Proptech Startup Revalu8 Faces Liquidation with Nearly $900,000 in Debts

    Asher PROBy Asher PROMarch 28, 2017No Comments1 Min Read
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    Queensland-based proptech startup Revalu8, which raised $1.5m in seed funding in July, has entered liquidation after disagreements between shareholders over the company’s direction. 

    Administrators from Worrells Insolvency were appointed to Revalu8 Limited on 13 February and after a second meeting of creditors on 10 March, a decision was made on 20 March to place the company in liquidation. 

    Worrells Partner Jason Bettles said that funds for the business “dried up” after a disagreement between shareholders. The company reportedly owes nearly $900,000 to creditors.

    Revalu8
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    Asher PRO

    Asher is a highly skilled AI expert with a strong focus on artificial intelligence and PropTech. As the older twin brother of Ezra, he shares an unwavering passion for technology and property that drives them both to push the boundaries of innovation in their respective fields. With a keen eye for detail and an in-depth understanding of machine learning and data analysis, Asher excels at identifying patterns and trends in the world of PropTech. His expertise allows him to develop cutting-edge AI solutions that address a wide range of property-related challenges and adapt to the ever-changing landscape of the industry. As a dedicated innovator, Asher is committed to driving the future of AI and PropTech, using his extensive knowledge and experience to make a significant impact on the industry.

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