When we first heard about
Zer01 it was set to launch at a time when other
MVNOs were disappearing. (Remember Amp'd Mobile, or Helio?) Zer01 was pledging unlimited voice and data for just $69.99 a month, before most other carriers had their $99 plans, but ultimately never delivered a thing. Apparently Global Verge was similarly left in the dark, but unlike the rest of us it had invested $170,000 in Zer01 in exchange for selling wireless services as part of its multi-level marketing company. Global Verge had been allowing its "e-associates" (people who pay for the right to hawk Global Verge's wares) to shill for Zer01 wireless, which of course never delivered a single call. There are accusations flying fast and frantic about which of the two companies is the worst offender here, but the District Court in Clark County, Nevada at least believes that it's Zer01 reneging on its promises, awarding $43 million to Global Verge for breach of contract and various other legal wrongdoings. Congrats, GV, and good luck collecting.
posted May 26th 2010 8:18AM
That logo looks very similar to RIM's.
@cruxx They need to tweak their slogan a bit though: Zero1: Boundless possibilities, baseless promises.
Thats a fantastic return on investment. I wish I could throw 170K at someone and get 43 Million back.
@Pacey
From the looks of it, they threw 170K at someone and will get NOTHING back...doesn't look as good, does it? Oh well, companies like Zero1 thrive on idiots like Global Verge.
@lecter
sorry, forgot the /sarcasm. I guess it was totally needed in the context of my post
/sarcasm
Jackpot!
Amp'd Mobile was the biggest scam in cell phone history. Fuckers
Amp'd mobile was the biggest scam in cell phone history.
Did anyone else read that as "Zero possiblities"?