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news regarding debt restructuring [not a question]

asked 2015-12-12 08:58:20 +0300

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updated 2015-12-12 21:16:26 +0300

pawel gravatar image

http://reviewjolla.blogspot.co.at/2015/12/news-update-debts-on-hold-at-jolla.html?m=1

+ sailfish os update end of next week to early access, intex phone should be released in early 2016

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The question has been closed for the following reason "not a real question" by pawel
close date 2015-12-31 09:35:46.518929

Comments

22

Thumbs up for Jolla

danfin ( 2015-12-12 12:36:10 +0300 )edit
6

finally some good news :)

XiliX ( 2015-12-12 14:58:31 +0300 )edit
5

Let's hope they can settle some money infusion and Intex phone will be successful enough to keep them afloat. Not to mention if some of those mythical 'other vendors' finally comes up with a good model being available worldwide...

zlutor ( 2015-12-12 21:21:01 +0300 )edit
9

By the way, I subscribed to Intex/Sailfish newsletter one month ago. Zero news so far.

objectifnul ( 2015-12-12 22:26:38 +0300 )edit
1

Personally I suspect that newsletter only to be a marketing tool for checking interest in SFOS.

tortoisedoc ( 2015-12-14 13:48:21 +0300 )edit

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answered 2015-12-15 17:49:25 +0300

zash1958 gravatar image

We are very very ancious to know WHO ist this "Investor"

Are there any rumours about?

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4

answered 2015-12-15 09:09:57 +0300

c.la gravatar image

thanks for this update.

Now to me it's clear that as I always believed from the initial rumors, that the investor is commited investing in Jolla but wanted to have a company with less debts. So they delayed the funding "on purpose" to cause Jolla to have a cash crisis and thus negotiate its debt with creditors, who are then somehow forced to accept some loss to cash in some money (few is better than nothing).

Once the debt is negotiated and heavily reduced the funding will come in and Jolla will sail on.

this "crisis" is also an opportunity to lay off some staff with a good excuse.

Sad.

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Comments

2

No Batman, not all Gotham is that evil.

Macilaci457 ( 2015-12-15 09:39:09 +0300 )edit

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Asked: 2015-12-12 08:58:20 +0300

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Last updated: Dec 15 '15