News
Imagestate claims business as usual
As reported last week, Imagestate has suspended trading of its ordinary shares on AIM pending “clarification of the company’s financial position.” There has also been speculation about the current state of the business as rumors have circulated the industry about offices being closed and employees sent home. To answer these rumors, Rose Marie Araya-Farias, Imagestate’s International Sales Director, sent an e-mail last week stating the following. “There has been lots of rumours out in the market, however we would like to confirm that Imagestate position in the market still the same, we are businesses as usual. Adding to this we have experienced problems with our server and your access to the search and downloading facilities, we are currently working around the clock to solve the situation.”
The e-mail sent does not address the future plans for Imagestate except a brief mention about Imagestate’s plans to find a potential buyer. There is also no mention of whether offices are operating at full capacity or what is planned in the event a buyer is not found. To contact Imagestate the following contact numbers were listed.
Charissa 00 44207 292 9500.
Rose Marie 00 44207 292 9514.
Click here to view the original e-mail from Imagestate.
Related stories:
Sheldon Marshall Returns to Imagestate (May 19, 2006)
Imagestate claims business as usual (April 17, 2006)
Imagestate suspends trading pending “clarification of the company’s financial position.” (April 11, 2006)
Management changes at Imagestate (July 21, 2005)
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