German IT news site heise has some interesting information regarding this: http://www.heise.de/mobil/Fehlstart-Android-Handy-Kogan-Agora-kommt-nicht--/newsticke

German IT news site heise has some interesting information regarding this: http://www.heise.de/mobil/Fehlstart-Android-Handy-Kogan-Agora-kommt-nicht--/newsticker/meldung/121890 http://www.heise.de/mobil/Fehlstart-Android-Handy-Kogan-Agor... Allegedly an unknown HTC executive told an Australian magazine that Kogan actually never had the money to build a smartphone. The compatibility problems were only used as an excuse.