Unhappy Supie investors wanted to sue key funder who pulled out
The first six-monthly report from liquidators said about $600,000 of $3m owing had been recovered – but there’d be no more.
Supie was founded to try and take on the supermarket duopoly.
A disgruntled Supie investor or investors were revealed to have prompted an investigation by the company’s liquidator into whether the strategic investor that pulled their support had breached the terms of their agreement.
But the strategic investor got their lawyer involved and the liquidators
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