According to a story on Goldcoast.com.au, Base Surfboards, the surfboard maker owned by Simon Anderson, Darren Handley and Murray Bourton has gone bankrupt.
Worrells was appointed as voluntary liquidator for the company last month when the Australian Taxation Office started putting BASE under pressure to pay off a tax debt of almost $1 million. There were hopes the company would be pulled out of financial trouble if new investors could be found, but negotiations broke down recently with interested parties and now the company will be shut down and the assets sold off.
Guess Mick Fanning and Stephanie Gilmore will have to get their boards somewhere else from now on.
[Link: Goldcoast.com.au]
