Conlon’s charity site Ammado faces wind-up as losses hit €20m

The company was renamed Pembroke Dynamic Internet Services in August

28th January, 2018
Technology entrepreneur Peter Conlon

Ammado, the online charity donation platform founded by technology entrepreneur Peter Conlon, is to be wound up following a failure to close new investment.

The company had accumulated losses of €20 million up to the end of February 2016, its accounts show.

Following a winding-up petition from the Revenue Commissioners in September the company applied for and was granted examinership in November, but that was unsuccessful and liquidator Myles Kirby has been appointed.

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