Facing liquidation: Is it the end of the road for Touch HD?

Facing liquidation: Is it the end of the road for Touch HD?

Tbo-Touch's company Touch HD and Marketing might be getting liquidated. It is alleged that a company called Boomtown Events filed papers in court last month to sequestrate Touch HD and Marketing for allegedly failing to pay a bill of almost R190 000.

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According to the Sunday World, Boomtown has served notice of their intention to close T-bo Touch's Company. If T-bo Touch, real name Thabo Molefe, does not file notice of intention to

The paper further alleges that Boomtown, based in Durban, entered into an agreement with Touch HD and Marketing to provide hospitality services at the Durban July in 2017.

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After the event, the company says that T-bo Touch never settled the payment.

Boomtown's director Steward Alexander Scott said in his affidavit that they wrote a letter of demand to Touch HD and Marketing, which was served in August last year.

Scott added that the company said they would make monthly payments of R50 000 until the bill was settled, but the money never came - forcing Boomtown to take legal action.

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Tbo-Touch is known for his flashy expenditure over the Durban July weekend. Last year Briefly.co.za reported that Tbo Touch took his fleet of luxury cars for a spin in what seems to now be an annual event at the Durban July. Among the flashy sports cars was an Audi R8 Spyder worth millions of Rands, a BMW i8, various Mercedes-Benz coupes, drop tops, SUVs, a Porsche Boxster, top-of-the-range Range Rovers and a number of BMWs.

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Source: Briefly.co.za

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