No interest in Optima’s business

The channel icon was first placed into administration on the 18 July, with ASX-trading halted on the 24 July.

The resolution was passed at the company’s creditors meeting, held on the 28 August 2008.

Administrator, David Mansfield of Moore Stephens Chartered Accountants told CRN there was no interest in the marketplace for Optima Technology Solutions, 3C Shop International and Digital City Group (collectively known as ‘the Companies’).

“The option to sell the business and its assets was explored but there was no interest from the marketplace,” said Mansfield.

“No-one’s going to pick it up because its assets are worth less than its liabilities.”

Mansfield said some of Optima’s assets have been sold, but that was only a few computers and component pieces and “not divisions of the company”.

According to the submissions of its creditors, ‘the Companies’ owed Ingram Micro a total of $793,000 and Synnex US$S104,000.

The subsidaries also owed Multimedia Technology $327,000 and the Australian Taxation Office $322,021.

IT hardware vendor, Intel is owed US$297,965 and Microsoft International US$401,379.

A full listing of Optima’s creditors and its debts can be found at www.optima.com.au.