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Alison Wonderland Takes A Massive $776,000 Loss On Scarehouse Project

Alison Wonderland celebrated many incredible victories in 2018. Her Sophomore album, Awake was met with the widespread approval of both fan and critic alike. She played on the most memorable Coachella sets since Daft Punk's legendary 2006 performance. Of course, with high highs also come lows.

It was revealed this weekend in court documents that Alison Wonderland‘s company, Wonderland Touring Pty owes $776,000 to debtors. In a statement released to YourEDM, the company explained it is working on rectifying the issues.

TIRELESS EFFORTS ARE CONTINUED TO BE MADE IN ORDER TO SETTLE OUTSTANDING SUPPLIER BALANCES FROM THE FESTIVAL TOUR.

THE FESTIVAL TOUR AS A WHOLE INCURRED SIGNIFICANT LOSSES, DUE IN LARGE PART TO EXTREME WEATHER THE WEEKEND OF THE VIC EVENT RESULTING IN RELOCATION IN JUST 24 HOURS. LIQUIDATION OF THE COMPANY WAS ACTIONED AS A LAST RESORT AND THE ONLY WAY THE PROMOTERS AND INVESTORS WERE ABLE TO MOVE FORWARD WITH THE PROCESS OF REIMBURSING AFFECTED PARTIES.

THE PEOPLE WHO LOST THE MOST MONEY IN THIS SITUATION ARE ALEXANDRA SHOLLER (ALISON WONDERLAND) AND THE OTHER INVESTORS/PROMOTERS. SHE SUFFERED A HUGE PERSONAL FINANCIAL LOSS AND HAS WAIVED HER CLAIMS IN ORDER TO MAKE SURE OTHER DEBTORS RECEIVE MORE. HER TEAM ARE VERY COMMITTED TO CONTINUING TO WORK IN ASSISTING AFFECTED SUPPLIERS AND THE LIQUIDATOR IN RECOVERING ALL OUTSTANDING MONIES TO DISTRIBUTE ACCORDINGLY.

Most the losses that the company incurred were the result of cancelations due to extreme weather. We hope that Alison Wonderland can settle the debts and make everything right.

Photo via Donslens

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