Mako Networks in liquidation

Forums › IT Pro and developers › Mako Networks in liquidation

freitasm

BDFL - Memuneh
79287 posts

Uber Geek

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#178980 21-Aug-2015 12:39

As per title https://www.business.govt.nz/companies/app/ui/pages/companies/1117026

1 | 2

Networkn
32351 posts

Uber Geek

ID Verified

Trusted

Lifetime subscriber

#1371558 21-Aug-2015 13:11

That's a shame. One of our customers had a box about 15 years ago. I thought the idea was sound, but price was too high.

Surprised another party didn't come along and buy them up cheap and add them to existing infrastructure. Perhaps the business was viable if expenses were lowered.

Beccara

1469 posts

Uber Geek

ID Verified

#1371573 21-Aug-2015 13:15

Not surprised, My only dealings with them years ago were not good and they were very rigid and inflexible

Most problems are the result of previous solutions...

All comment's I make are my own personal opinion and do not in any way, shape or form reflect the views of current or former employers unless specifically stated

myopinion

938 posts

Ultimate Geek

#1371586 21-Aug-2015 13:38

Looks like we will need another solution soon then.

xpd

Geek @ Coastguard NZ
13767 posts

Uber Geek

Retired Mod

ID Verified

Trusted

Lifetime subscriber

#1371587 21-Aug-2015 13:44

http://www.nbr.co.nz/opinion/mako-networks-shut-down-liquidator-owes-millions

Gavin / xpd / FastRaccoon / Geek of Coastguard New Zealand

LinkTree

freitasm

BDFL - Memuneh
79287 posts

Uber Geek

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#1371590 21-Aug-2015 13:48

Funny how they had a NBR print article today (as mentioned on that link) saying how great the company was doing...

wasabi2k

2096 posts

Uber Geek

#1371632 21-Aug-2015 14:44

freitasm: Funny how they had a NBR print article today (as mentioned on that link) saying how great the company was doing...

Barely a week after director and minority shareholder Bill Farmer bragged to NBR about his company’s success in the North American market, the company has closed its doors.

An in-depth interview given by Mr Farmer now looks like nothing more than a snow job."

ugh - that is super extra shady. Business going under is bad news, directors lying about performance a week before liquidation is close to criminal isn't it?

networkn

Networkn
32351 posts

Uber Geek

ID Verified

Trusted

Lifetime subscriber

#1371633 21-Aug-2015 14:47

wasabi2k:
freitasm: Funny how they had a NBR print article today (as mentioned on that link) saying how great the company was doing...

" Barely a week after director and minority shareholder Bill Farmer bragged to NBR about his company’s success in the North American market, the company has closed its doors. An in-depth interview given by Mr Farmer now looks like nothing more than a snow job."

ugh - that is super extra shady. Business going under is bad news, directors lying about performance a week before liquidation is close to criminal isn't it?

Circumstances are unknown. Speculation doesn't serve any purpose :)

Any number of things could have happened abruptly, which doesn't rule out criminal stupidity.

Sharesies

Trade NZ and US shares and funds with Sharesies (affiliate link).

dan

1134 posts

Uber Geek

Lifetime subscriber

#1371719 21-Aug-2015 16:30

this is really not good, have alot of customers using Mako products around New Zealand :/

Zeon

3916 posts

Uber Geek

Trusted

#1371727 21-Aug-2015 16:36

What specifically differs Mako from other products?

Speedtest 2019-10-14

dan

1134 posts

Uber Geek

Lifetime subscriber

#1371733 21-Aug-2015 16:50

well, the main difference compared to other routers in this scenario, is if they shutdown / close access to the "cloud" control panel, its going to leave owners of the mako unable to make any changes to their mako, produce any reports etc

that back end system is still online at the moment, if it doesn't stay that way its going to be a big problem for there customers

networkn

Networkn
32351 posts

Uber Geek

ID Verified

Trusted

Lifetime subscriber

#1371736 21-Aug-2015 16:55

dan: well, the main difference compared to other routers in this scenario, is if they shutdown / close access to the "cloud" control panel, its going to leave owners of the mako unable to make any changes to their mako, produce any reports etc

that back end system is still online at the moment, if it doesn't stay that way its going to be a big problem for there customers

Almost certainly someone will come along and take that side of it over I'd suspect. If I had a few million spare, I'd probably consider it myself.

dan

1134 posts

Uber Geek

Lifetime subscriber

#1371738 21-Aug-2015 17:00

networkn:

Almost certainly someone will come along and take that side of it over I'd suspect. If I had a few million spare, I'd probably consider it myself.

frankly i would go halves with you. huge money in the yearly service fees they got coming in, literally 10 minutes before i saw this thread i had just bought a 800$ licence for a customer for another year.

dan

1134 posts

Uber Geek

Lifetime subscriber

#1371751 21-Aug-2015 17:26

have some 3rd party info from others partners who deal with mako networks via their account managers, that some auckland staff received there final pay and that is it they are done there

some other info:

the cloud control system is apparently fully in the US now no longer in Albany/Auckland
the US side of the operation it is apparently to keep running for usual now (take with a grain of salt)

-
Also the mako system is one of the solutions that Spark Digital sell under their Secureme brand

raytaylor

4014 posts

Uber Geek

Trusted

#1371876 21-Aug-2015 22:38

SecureME has a big contract with the ministry of health i believe it is.
Real pain trying to do stuff at a pharmacy because almost every pharmacy in NZ has one of those mako routers and you have to contact some company in auckland that had the contract to install them everywhere.

Ray Taylor

There is no place like localhost

Spreadsheet for Comparing Electricity Plans Here

michaelmurfy

meow
13247 posts

Uber Geek

Moderator

ID Verified

Trusted

Lifetime subscriber

#1371890 21-Aug-2015 23:54

raytaylor: SecureME has a big contract with the ministry of health i believe it is.
Real pain trying to do stuff at a pharmacy because almost every pharmacy in NZ has one of those mako routers and you have to contact some company in auckland that had the contract to install them everywhere.

I've installed over 800 of these SecureME routers across NZ for the NZ Lotteries Commission and also many Pharmacies (used to work for that company you speak of).

From what I know this is very bad news for a couple of roll-outs that have just happened. I know of many more (large) ongoing projects taking place at the moment with Spark and don't see any other product fit for the purpose of what they're trying to use them for. Honestly I'd say that Spark will be the ones who will have to do something about it as they've got some very massive contracts out there.

Michael Murphy | https://murfy.nz
Referral Links: Quic Broadband (use R122101E7CV7Q for free setup)

Are you happy with what you get from Geekzone? Please consider supporting us by subscribing.
Opinions are my own and not the views of my employer.

1 | 2