More on MandrakeSoft bankruptcy

[Eric Lee Green]

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 <webmaster@mandrakeclub.com>
To: eric@badtux.org

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/


-- 
Eric Lee Green          GnuPG public key at http://badtux.org/eric/eric.gpg
          mailto:eric@badtux.org  Web: http://www.badtux.org