Thread: Jolla Tablet Refunds (latest developments)
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Obsatcle-Man is offline Obsatcle-Man
2016-01-27 , 20:27
Posts: 0 | Thanked: 44 times | Joined on Jan 2016
#4155
Originally Posted by pichlo View Post
Allowing it to end would be tantamount to letting Jolla get away with it. That is what they hope/rely on.
There are 4 acceptable endings to me:

1. deliver the tablets
2. deliver refunds (maybe minus the fee taken by IGG)
3. deliver a choice of tablet or refund
4. bankruptcy

Does anyone know who has been giving them the funding? Series B was 12.4M and that lasted them about a year. Series C is unknown but is likely the last chance they will have.

All I found on who had been investing was a 6.25 percent stake owned by China Fortune as part of the 2013 financing. That and statements the financing was a mixture of EU and China based organizations