All it takes is one or more unsatisfied creditors to seek a winding up order from the Courts and this remains outstanding beyond the due date, then it is game over for Valcent Products (eu) Limited. Likewise, if HM Revenue & Customs are owed monies for income tax, VAT, etc, then they can take a similar course of actions to force the company to cease trading. Given that redundant employees are apparently owed monies, Valcent are sliding down the short but slippery slope to administration and forced closure. Not very encouraging for the long suffering investors given all the hype over the last 6 months. Perhaps even a hint of illegal trading?
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