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Bankruptcy does not equal closing operations. They are still shipping phones. They are trying hard to stay afloat by restructuring debt, laying off a big chunk
by nextos 11y ago
Bankruptcy does not equal closing operations. They are still shipping phones.
They are trying hard to stay afloat by restructuring debt, laying off a big chunk of their staff and getting some investment.
- justinclift 11y agoStill doesn't seem that honest to potential customers. Trading when the directors know it's bankrupt is a big no-no legally isn't it?
- nextos 11y agoWhy, they have phones in stock. So it's not like people won't get them. And the little parts of the OS that are not open will be opensourced if they had to close operations. And also I think they will hopefully get some cash from investors and Finish govt really soon.
- lemonade 11y agoAlso, it is because they are not bankrupt. The original title is plainly misleading. They are restructuring. As a happy Jolla user (my whole family has one), I hope they make it. If you don't have one yet - I encourage you to order one. It is something different, and a feeling of 'just buying a phone, not a surveillance tool" that no other phone on the market can give you. They could do with your help. If you want to buy but are scared you might lose money doing so because of non-news like this: under Section 75 of the Consumer Credit Act, your credit card company is jointly liable if something goes wrong with a product or a service you've paid for by credit card. So if anything fails, you get your money from the credit card company. If it doesn't, you'll have a great phone and instant real karma.