Zattikka has officially entered administration

Zattikka has entered administration after struggling to pay off its debts.

Last month the firm revealed it was struggling to meet a loan payment of 275,000 to developer Hattrick, and was given a deadline of August 2nd to make the payment.

As a result of some subsequent the sales the firm says it has reduced its debts by approximately $14.5 million, and has resolved its loan payments of 6.4 million euros and interest to Hattrick.

MCV’s closest online brethren Develop has more details.