__/ [ Ramon F Herrera ] on Wednesday 18 April 2007 18:05 \__
>
>
http://news.com.com/Vonage+tells+SEC+its+considering+bankruptcy/2100-7352_3-6177045.html?tag=nefd.top
> http://tinyurl.com/yr2xjr
>
> "Legal woes are forcing Vonage to look at its long-term options, which
> may include bankruptcy.
>
> In a filing with the Securities and Exchange Commission Tuesday, the
> Internet phone service provider said the ongoing legal battles over
> patent disputes could eventually lead to liquidation of the company's
> assets under bankruptcy protection.
>
> "We are, and may in the future be, subject to damaging and disruptive
> intellectual property litigation that could materially and adversely
> affect our business, results of operations and financial condition, as
> well as the continued viability of our company," Vonage said in the 10-
> K document."
The company could be a victim of stupid patents. I thought about posting this
yesterday, but it's really off-topic for c.o.l.a. It's an example of a
company whose intellect is said to be stolen, so it falls victim to
lawsuits. How about SCO? Well, they asked for it....
--
~~ With kind regards
Roy S. Schestowitz | "This sig seemed like a good idea at the time..."
http://Schestowitz.com | RHAT Linux | PGP-Key: 0x74572E8E
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