According to the Andrew Drummond site, the media empire of Mr. Colov has crashed and burned with massive debt...unable to pay their printing costs for the newspaper or renew their license for their tv channel with Sophon the Pattaya one media group is no more. Ever the survivor Niels diversified and started up a construction company which has also gone tits up and a massage shop which is no more. He is attempting one last throw of the dice and is trying to build a resort on Koh Kood and is currently looking for investors