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IT online news service netimperative.com faces an uncertain future after its parent company was put into receivership last week.

No one from the receivers, Manchester-based Harrisons, was available for comment at the time of writing.

However, it's hoped that netimperative will find a buyer.

A statement from the company reads: "Heltward Ltd, operators of netimperative.com, were placed into receivership on Friday March 8th. The management of the company are currently exploring a number of options in order to continue to operate the service, however, expressions of interest would be welcomed by the receivers, Harrisons in Manchester."

It went on: "The team would like to thank everyone for their support and hopes to be providing a service again soon. The site will remain live in order to allow members to continue to access the archive and updates on the situation will be given when more information becomes available."

Last year netimperative asked its readers to pledge money for subscriptions in a bid to generate revenue. ®

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