"It currently appears that there are no funds available to meet operational expenses so flights will be suspended immediately, " the company said in joint statement Friday with its newly appointed administrators, KordaMentha.

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"There is a recurring theme of poor communication, broken appointments, missing paperwork, overpricing, offers being withdrawn at the last minute because funds are no longer available, and bad workmanship, " he explained.

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For funds deposited before January 1, 1991, if no information is available to establish whether such funds were appropriately taxed, it will be presumed that they were.

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Yen bears should know that having a pool of available funds means no sale of yen is involved!

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Most asset classes are available in an index fund or ETF so there is no need for active funds.

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The officials say the funds currently available to develop Orion and its Ares launch rocket mean the faster timeline is no longer tenable.

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