Whale Oil company put into liquidation after rearrangements

Social Media Consultants Limited, the company that until recently was the owner of the Whale Oil blog, has been put into liquidation.

Last month Cameron Slater’s shares were transferred to his wife Juana Atkins, who became sole shareholder and director (she had been joint owner and director until then.

Soon after that Slater filed for bankruptcy.

Also last month the website registration for whaleoil.co.nz was transferred to a new company WOBH Limited, owned by an accountant associated with Slater.

Yesterday a liquidator was appointed for Social Media Consultants Limited

Stuff:  Whale Oil company previously owned by Cameron Slater goes into liquidation

The company that owned the controversial blog Whale Oil has been put into liquidation.

Social Media Consultants Limited, which was previously owned by Cameron Slater, was put into voluntary liquidation on Monday, by his wife and sole shareholder Juana Mary Atkins.

Slater vacated as a shareholder of the company in February. Another company was set up called Wobh Ltd. under Atkins’ name at the same time.

That’s not accurate. Timeline

  • 1 February 2019 (filed 22 February 2019)
    – Cameron Slater ceased director of Social Media Consultants Limited
    – Cameron Slater removed shareholder Social Media Consultants Limited
  • 13 February 2019
    – shareholder for MADAS 114 Limited recorded as Howard Karl Taylor, Accountant
    – directors details for MADAS 114 Limited recorded as Howard Karl Taylor, Accountant
    – new company incorporation MADAS 114 Limited, registered office Howard Karl Taylor
  • 22 February 2019
    – Cameron Slater ceased shareholder of Social Media Consultants Limited
    – Juana Atkins sole shareholder of Social Media Consultants Limited
  • 25 February 2019
    – registration of website whaleoil.co.nz changed from Social Media Consultants Limited to WOBH Limited
    – new company MADAS 116 Limited: shareholder and director Howard Karl Taylor
  • 26 February 2019
    – company name changed from MADAS 114 Limited to WOBH Limited
    – company name changed from MADAS 116 Limited to Whale Meat Company Limited
    – Whale Oil website announces “Ongoing medical tests following Cam’s stroke have shown that he remains severely incapacitated and consequently is unable to work…This has led Cam to make the very difficult decision to declare bankruptcy”
  • 27 February 2019
    – Cameron Slater files for bankruptcy
  • 5 March 2019
    – Juana Mary Atkins appointed new director of WOBH Limited
    – Juana Mary Atkins appointed new director of Whale Meat Company Limited
  • 24 March 2019
    – new shareholder of WOBH Limited: Juana Mary Atkins
    – removed shareholder of WOBH Limited: Howard Karl Taylor
    – new shareholder of Whale Meat Company Limited: Juana Mary Atkins
    – removed shareholder of Whale Meat Company Limited: Howard Karl Taylor
  • 25 March 2019
    – appointment of liquidator to Social Media Consultants Limited

The above details are from the companies website as of today. I’m fairly sure that that company history and documentation has been changed, I checked companies last month and I saw no mention of MADAS Limited.

I suspect some of those arrangements and rearrangements will be checked out.

Stuff:

It is not clear what the move means for the future of the site, which was still active on Tuesday.

I have seen no mention of any of this over the past two months on the Whale Oil website