The assets of web agency Head New Media are set to be auctioned off
following the firm's official closure.
Co-founder Felix Velarde confirmed that the agency's assets and
equipment will be put up for sale now that the liquidation process has
come to an end.
"The company has now been wound up. All the assets will now get
auctioned off. The company has been dissolved," he said.
Velarde is not allowed to purchase any of the assets himself.
"It's out of my hands. I'm not allowed to buy any of the assets myself,
as it would be seen as not acting properly," he added.