One out-of-pocket supplier who contacted ZDNet Australia on the condition of anonymity said E-Store continues to list its branded products for sale, despite the fact it has stopped providing the e-tailer with product since it allegedly reneged on a $17,000 payment.
The same supplier alleges that E-Store also owes three other vendors a combined total of more than AU$1.1 million.
The total level of E-Store's debt remains undisclosed.
A company official said it had made initial arrangements to launch a class action lawsuit against E-Store in order to recoup alleged delinquent payments, but this plan was thwarted when the e-tailer went into voluntary administration, effectively protecting it from outside legal action from non-secured creditors.
The news comes at a bad time for E-Store, with management set to face angry suppliers tomorrow at its first creditors' meeting.
Joint voluntary administrator Ian Purchas of Star Dean-Willcocks, said he couldn't give -much meaningful information at present...I haven't been in this long" and stressed that the administrator is required under Corporations Law to hold the creditor's meeting.
Purchas would only say that a number of creditors are -commensurate with the number of creditors in a company of this size," and said at tomorrow's meeting he would release some ballpark figures on the total number of creditors and what they're owed.
Purchas and partner Ron Dean-Willcocks were appointed as administrators on October 3.
The administrator's report to creditors - which will include details of a deed of company arrangement -- will be released on October 22, and a second creditor's meeting is scheduled for October 30.
it should have been obvious that e store was in trouble when they registered domain names of major competitors & redirected traffic to their own website. anyone desperate enough to try to steal customers obviously lacks the moral fortitude required to run a legitimate business.