2 Apr 2015 12:32
2 April 2015
Insetco plc
("Insetco" or the "Company")
Further re: Agreement for Services
The Company advises that, further to the update of 2 February 2015, its partners are still conducting their due diligence into the life settlement polices which may be subject to the orders.
Accordingly, the Company has not started to provide its administrative services to its partners and is yet to receive the expected respective payment of $300,000 due on completion of the orders.
The directors remain hopeful that its partners can conclude their due diligence satisfactorily and will update the market further in due course.
Insetco plc | |
Barry Heath | 07788 376480 |
Ivan Couchman | 07970 377669 |
Cairn Financial Advisers LLP | |
Jo Turner / Liam Murray | 020 7148 7900 |