Despite attempts to save the Brisbane-based technology and diamond tracing company, Everledger Australia has been placed in liquidation with unsecured creditors totalling $AU19,178,371.
The former Queensland Chief Entrepreneur, whose companies collapsed in April with debts totalling $10 million had previously faced personal bankruptcy proceedings.
The future of Everledger, the Brisbane-based technology company with strong ties to the jewellery industry, remains up in the air after a second creditors meeting was postponed to 28 June.