Paradise found denies that it has gone into liquidation

Paradise Found says it has not gone into liquidation and James Packer remains actively involved in this project.

It also says the development is proceeding apace and there has not been any sale of any part of the development to any other entity.

In a communication Paradise Found to set the facts straight.

Earlier this year Paradise Found restructured dormant subsidiary entities, whose
names are “Paradise Found (Palmetto) Ltd.” and “Paradise Found (Barbuda)
Ltd.”.

Each of these entities were dormant since their formation and, thus, Paradise
Found elected to dissolve them.

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