It was able to find backers for its Zano drone within two months.
To date, Torquing Group has only shipped 600 of the more than 15,000 drones ordered.
All creditors will be contacted by an insolvency practitioner next week.
Thecompany websiteappears to be offline, while theTwitter feedhas not been updated since earlier this month.
source: www.techworm.net