Chapter7

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  • Tablet maker Pandigital no longer offering warranty replacements, reminds us it's now out of business

    by 
    Edgar Alvarez
    Edgar Alvarez
    11.21.2012

    To be completely fair, Pandigital officially called it quits back in July of this year, when it handed the remaining of its assets to a liquidator in order to comply with the don't-call-it-a-bankruptcy process. Now, however, the creator of that 7-inch Novel slate has been contacting former customers -- that are experiencing tablet woes -- to let them know it will no longer be able to offer such customer service, noting that "due to this liquidation process any further requests for warranty replacements cannot be honored." Given its earlier filing with the Credit Management Association, the notice doesn't exactly strike us a surprise, but it does tell us not to expect the Supernova maker to splash a comeback any time soon. You'll find the original email sent to troubled customers right after the break. Due to this liquidation process any further requests for warranty replacements cannot be honored. Please be advised that Pandigital, Inc (the 'Company'), executed a General Assignment for the benefit of its creditors in favor of Credit Management Association on July 13, 2012 (the 'General Assignment'). A general assignment is a common law means of concluding the affairs of an insolvent debtor as an alternative to the Chapter 7 bankruptcy process. Pandigital is currently in the process of liquidation by the Assignee. You are receiving this email as you have recently been shipped a warranty replacement for a Pandigital product.

  • Fallen kingdom: 38 Studios' collapse and the pitfalls of using public money to support tech companies

    by 
    Jason Hidalgo
    Jason Hidalgo
    09.07.2012

    In a career filled with many clutch throws from the baseball mound, former Boston Red Sox ace Curt Schilling's main calling card was a gutsy post-season performance made even more memorable by a blood-soaked sock. It was a pitch made by Schilling outside of Major League Baseball, however, that would prove to be his most daring one yet. In 2010, Schilling convinced Rhode Island officials to give his video game company, 38 Studios, a $75 million loan guarantee. A self-professed fan of massively multiplayer online role-playing games (MMORPG), Schilling's dream was to create a worthy competitor to Blizzard's MMORPG juggernaut, World of Warcraft. In 2006, Schilling started Green Monster Games, which was later renamed 38 Studios. Luring the company away from Massachusetts was supposed to bring in more than 400 jobs and serve as the linchpin for launching a new tech-based industry in Rhode Island. Instead, the state's taxpayers found themselves left at the table with a multimillion-dollar tab.