maemo.org - Talk - View Single Post - Jolla Tablet Refunds (latest developments)

	Copernicus	2015-12-10 , 19:09
	Posts: 1,986 \| Thanked: 7,698 times \| Joined on Dec 2010 @ Dayton, Ohio	#2680

Originally Posted by prometheus

Since they've stated publicly that they are not able to deliver tablet, we have right for ask for a full refund.

and

Originally Posted by prometheus

they also clearly asked the district court in Helsinki to be protected from legal action. Also stating that they obviously have the money, and they are looking for another creditors so they can "continue their business" or should I say their development of adjustment OS for Intex devices.

There is also a catch, this is only temporary decision, and it is only a district court. There is also a supreme court that can revoke that decision, so they are not fully protected as they've thought.

Wow, Prometheus. Given all the posts you've written on the Jolla blog, I never thought I would see you as a Jolla supporter.

But, here you are, implying that Jolla has money, and that they are going to survive this restructuring. I don't know what it is like in Europe, but on this side of the pond, a startup going into restructuring is pretty much a death-blow. Unless they can find an investor that has enough faith in their future profitability to both cover their existing debts and give them new cash to continue moving forward, there is no way Jolla can continue. And, given that their problem is that their existing investors have lost faith, the idea that someone new would sweep in and pick up the pieces seems far fetched.

So yeah, I think we're past the point of asking for refunds now, sad to say. There is no future for the tablets. There is no future for the Intex deal. There will be no future refunds.