This letter is to update you on the latest developments within Canbet Sports Bookmakers UK Ltd. As previously advised on 12th February, 2014, the company has engaged a business asset agent to liquidate assets from within Canbet and its associated companies to recoup the funds to pay you and other clients.
This process is continuing and discussions have been held with a number of parties that have shown interest in acquiring the company and/or its assets which would result in you receiving a payment. At this point we are yet to finalise anything definitive, although we are hopeful that a resolution will be secured shortly.
Despite much speculation in the media and on forums, the company remains out of administration and it is the Directors desire to remain this way to ensure that we can achieve what we have set out to do – to ensure you are paid. That being said, now that we have undertaken this route, ill informed public comments and speculation by disgruntled customers only serve to defeat the purpose in what we are trying to achieve – you want to be paid, we want to ensure you are paid.
Again, the Directors reiterate that we have not abandoned Canbet or its clients and are working towards the objective of a successful outcome.
Board of Directors
Canbet Sports Bookmakers UK Ltd
"Live as if you were to die tomorrow. Learn as if you were to live forever"