Posted on 17-Nov-2003 19:18 GMT by bbrv | 161 comments View flat View list |
At today's hearing of the Tribunal of Commerce in Paris a judgment was rendered declaring Pretory, S.A. in bankruptcy and appointing a receiver. The process finally will now begin to transfer Thendic-France's assets to Genesi SARL.
Our situation with Pretory S.A. has been a long and difficult one. In all matters we have cooperated with the French Government and agreed to close the Company in a coordinated and proper manner. Time will demonstrate that we have behaved properly and legally in all respects as shareholders and managers.
In no way will these matters effect Genesi. Finally, we are personally free to devote the time and resources we want to the Genesi.
Sincerely,
Raquel and Bill
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Thendic-France : Comment 37 of 161 | ANN.lu |
Posted by T_Bone on 18-Nov-2003 00:47 GMT | In reply to Comment 36 (Oppressor): Yea, your right. They should have said that everything is on scedule and rockin at Pretory, and that they took the phones off the hook because of wardialing, they changed offices to be closer to customers, they're waiting for financing, they're selling off some old furniture, oh and the employees should just keep working and their paychecks might be a little delayed, but nothing to worry about.
Because that would be the right way to handle it, right? |
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