The statement blames the failure on "cash flow difficulties" as a result of
"stock misappropriation by a former employee".
Dominic Wong and David Langton of Deloitte and Touche have been appointed
joint administrators.
A skeleton staff has been retained while attempts are made to sell the
business as a going concern. The company statememt said: "The administrators are
currently liaising with a number of potentially interested parties in this
regard."
Unconfirmed web reports said UK mobile content company Rok Entertainment had
bought a controlling interest in Rok.
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