Innovate have released the following statement concerning the rumours.
The Board of Directors would like to clarify that rumours circulated earlier this week regarding the trading position of the Innovate Group of companies are completely false. We would like to reassure our customers, suppliers and competitors that we retain our strong position within the industry and consider our situation to be favourable. We are always working closely with our parent company Eimskip who have pledged their support to the new team at the helm of Innovate; working with the recently appointed Group CEO, Michael Young.
Rumours regarding the current trading position of the company are completely untrue, and we have instructed lawyers to commence action against any individual or company which is found to be spreading malicious comments about the group.
Take this as a fair warning, Post facts that you can back up. every indication we have recieved is that Innovate are in a strong, healthy position. post on these forums anything different be very sure you can back up what you say.
Please remember that in current UK law posting on a forum is seen as publishing, posting "gossip" as you hear it is exactly the same as a newspaper or magazine. Just be very careful in what you say.






