Sweden’s Procast Media AB may have been ranked as the fastest growing technology company in Sweden back in November but rumour to kick start the new year is that it may have recently gone Tango Uniform (or should we say Tore Urban?).
Not so, says Member of the Board Richard Bernström. In a comment here he tells us “No Adrian, Procast has definitely not gone TU (Toes Up or Tits Up). We are definitely alive and kicking”
Company documents in Sweden show that the company ‘filed for reconstruction’ (i.e administration) which was granted on 22nd December. Their website has suddenly changed from procast to procastmedia.se and several folks have been in contact with us saying that they are owed money going back 4 or 5 months.
Sounds to us, very much like one company disappearing to avoid creditors and rising elsewhere under a new name. Are we wrong?