Jolla Tablet Refunds (latest developments) - Page 417 - maemo.org

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att	2016-01-28 , 11:25
Posts: 388 \| Thanked: 1,340 times \| Joined on Nov 2007 @ Finland	#4161

Originally Posted by nestori

I wonder when Marc and others who left Jolla realized that it was all going to s**t and decided to abandon the ship.

In interviews about two years ago Marc said that he would move on from Jolla when it is not anymore new. I understood he wants to create new things.

youmeego	2016-01-28 , 12:00
Posts: 705 \| Thanked: 300 times \| Joined on May 2011	#4162

Just sell themselves to Nokia for a cheap price. And I hope to see pureview on Sailfish

tommo	2016-01-28 , 12:31
Posts: 435 \| Thanked: 1,599 times \| Joined on Dec 2010	#4163

Originally Posted by att

In interviews about two years ago Marc said that he would move on from Jolla when it is not anymore new. I understood he wants to create new things.

Just great timing from him I guess

And jolla are still new, they are still a 'start up' .

mscion	2016-01-28 , 12:39
Posts: 1,873 \| Thanked: 4,529 times \| Joined on Mar 2010 @ North Potomac MD	#4164

Originally Posted by Obsatcle-Man

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

Not sure about the bankruptcy laws in Finland but in the US many companies declare bankruptcy and survive. They just reorganize, restructure debt, etc., and move on. Examples are some of Trump's Atlantic City casinos. Here are other examples

http://www.businessnewsdaily.com/824...ankruptcy.html

So, it is likely declaring bankruptcy is tantamount to eventually continuing as a software company. But without option 1,2 or 3. Although maybe a partial refund.
If this was truly a scam (I'm not saying it is...) then jail time could be considered acceptable by some....

JulmaHerra	2016-01-28 , 12:57
Posts: 285 \| Thanked: 1,900 times \| Joined on Feb 2010	#4165

Bankruptcy in Finland means that the company ceases operations and administrator is appointed to take care of remaining assets, which then are usually sold to cover some of the remaining debts etc. Alternatively company can be sold in whole and new owner reimburses the company and debts stay as they were.

Debts can also be restructured, which is usually done before declaring bankruptcy. This is what Jolla did, but it doesn't let them away with the tabletgate.

	Dave999	2016-01-28 , 13:16
	Posts: 7,075 \| Thanked: 9,073 times \| Joined on Oct 2009 @ Moon! It's not the East or the West side... it's the Dark Side	#4166

So what happened with a few tablets that Jolla was planning to ship in Jan? They are so strange...how can you trust em...

I wonder if they believe in what they are say and do.

If no progress is done before mwc I say we are better of without Jolla.

__________________
Do something for the climate today! Anything!

I don't trust poeple without a Nokia n900...

Last edited by Dave999; 2016-01-28 at 13:27.

ssahla	2016-01-28 , 13:35
Posts: 89 \| Thanked: 243 times \| Joined on Jun 2014	#4167

Refunds.

https://blog.jolla.com/jolla-tablet-closure/

nestori	2016-01-28 , 13:38
Posts: 42 \| Thanked: 106 times \| Joined on Jan 2014	#4168

Originally Posted by NokiaFanatic

There's another option.

6. Microsoft to throw the towel in on Windows and to place an all-in bet on Sailfish, using it for PC, tablet and phone.

My option is more likely than yours.

Yes! And then MICROSOFT will release a Lulla-phone (You know, Lumia/Jolla) with keyboard AND they'll also make the whole source public. I think we are on to something here...

	Dave999	2016-01-28 , 13:42
	Posts: 7,075 \| Thanked: 9,073 times \| Joined on Oct 2009 @ Moon! It's not the East or the West side... it's the Dark Side	#4169