MQA isn’t done. They simply entered administration because their backer went dry on cash. They’ll likely be picked up by a new investor. This sort of thing happens all the time.
MQA Declares Bankruptcy
The financials are eye-opening. Annual revenue never exceeded £700,000 while administrative expenses exceeded £4,000,000 for 2020 and 2021!
Does anyone think Bob Stuart took this much money out of the company?
Wow. So MQA has become another Dolby FM technology. But then, many in the industry thought MQA was a scam.