CRUSTY Demons fans who bought tickets to cancelled shows have been left in limbo after the promoting company's administrators indicated refunds were not guaranteed for now.
It comes after Canberra-based Complete Events Group, promoter of the Rise of the Demons World Tour, in October cancelled four shows, including one in Wagga.
The company then went into administration on November 22, Australian Securities and Investments Commission record shows.
In a statement to creditors yesterday evening, joint administrator Jonathan Colbran of RSM Australia said: "Unfortunately, at this time, the company has insufficient funds to provide any refunds to any ticket holders for the cancelled shows".
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"We confirm that the company ceased trading prior to our appointment and that the company's management team are assisting us with our efforts to preserve and return value to creditors," Mr Colbran's statement reads.
Mr Colbran also writes that they are seeking insurance claims to benefit creditors and that an update will be provided on or before December 13.
"Funds may become available in the future, and should funds become available, creditors may be entitled to receive a dividend," he writes.
Administrators Jonathon Colbran and Frank Lo Pilato and company director Matthew Mahoney have not yet responded to queries.
Wagga's Jackson Strong was set to feature among the lineup at the cancelled shows.
Crusty Demons have three events in New Zealand scheduled for next year.