Support |
Corporations usually cannot just declare game over and walk away. If there are any creditors at all (investors, employees, the phone company, Office Depot, that empty booth at NAMM) they have to go through the bankruptcy process. Any remaining assets have to be sold in an approved manner, the proceeds are typically held in escrow for awhile in case any other creditors show up, and finally the creditors are paid a fraction of what they are owed. Since there are now lawyers involved decisions can be contested. I would imagine one of the assets they are selling is the Repeater software but placing a value on software can be difficult. How many potential buyers would there be over how many years? It's possible there is disagreement over how much it is worth or who should own it. Maybe the person that originally made the deal with Condor wasn't really authorized to do that. This is all speculation of course, but it sounds like there are some messy legal details they need to work out before we'll see the software again. It could be months. I know there will be a temptation to pirate the software but as a software developer myself I would ask that we wait for awhile and see what happens. Having said that, the communication from this company is absolutely pathetic so part of me thinks they deserve to lose. But please give it a few months, the software is out there and will always be available. Jeff