More on MandrakeSoft bankruptcy

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Author: technomage
Date:  
Subject: More on MandrakeSoft bankruptcy
I don't have a problem with their club per se. its the prices they charge for
it that I have a concern with... I don't have that kind of cash to be paying
out at once for a year subscription!

Technomage

On Wednesday 29 January 2003 04:08 pm, you wrote:
> Got this little newsflash in my EMAIL that might interest those of you who
> run Mandrake Linux:
>
> Mandrake Club Flash: MandrakeSoft status
> Date: Wed, 29 Jan 2003 23:24:53 +0100 (CET)
> From: Mandrake Club staff <>
> To:
>
> Flash: Mandrakesoft status
>
> On January 27th, 2003, confirmation was received from the French
> Commercial Court that MandrakeSoft had been granted a six month
> observation and protection period to establish a continuation plan. This
> protection period provides the ability to renegotiate the Company's
> current liabilities. A court-appointed administrator has been named to
> assist MandrakeSoft during this process.
>
> MandrakeSoft welcomes this latest news as a positive step to achieving
> solid financial restructuring which will make the company profitable.
>
> We would like to take this opportunity to thank all Mandrake
> supporters who purchased Club memberships and Club renewals or boxed
> products as a response to the December membership drive. Your
> participation allowed MandrakeSoft to enter the current proceedings
> optimisticly and in a position of strength.
>
> The level of Club subscriptions will also greatly influence the speed
> of the company returning to a normal situation.
> Club members get full advantage of membership benefits & privileges
> such as rebates, direct download of hundreds of applications, and
> the right to vote for software that will be included in the next
> version of Mandrake Linux.
> http://www.mandrakelinux.com/en/club/


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