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Pleo-maker Ugobe not totally dead, not totally okay

Pleo-maker Ugobe not totally dead, not totally okay
Nilay Patel
Nilay Patel|April 3, 2009 7:43 PM
It certainly seemed like Ugobe was dead-forever a few days ago when we noted that the company's website was seemingly gone and no one was answering the phones, but it's apparently not all bad: the site's back up, and CEO Caleb Chung told the Idaho Business Review today that the company will respond in an "organized way" with a press release coming in the "next few weeks." Uh, okay, but that isn't going to distract anyone from the half-million lawsuit just filed that alleges Pleo and Co. are in breach of contract for failure to pay supplier Arrow Electronics. We'll see how it plays out -- something tells us Pleo's gonna have a hard time dodging this meteor.

[Via RobotsRule]
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