DampierPhillip M Dampier
join:2003-03-23
Rochester, NY | It's Over! Let's get real. When a company blatantly lies to its investors and customers with a promise of a workaround they knew themselves didn't exist, it's a sign of absolute desperation. We're talking about the demise of Vonage in a matter of weeks here. The moment the judge lifts the stay or the appeal is denied, this company races to bankruptcy court in prep for being sold off or to liquidate.
Their management is fleeing, their marketing budget which is absolutely the most essential part of keeping this company viable has been slashed, along with their employees.
People need to start living in the real world. It makes no difference whether Vonage was a pioneer or how many customers they have today. If the judge lifts the stay, it's over. Investors are fleeing and so are customers.
Now if the cheerleading squad wants to be the last people left to turn the lights off and lose their annual fees (good luck getting many credit card companies to chargeback a company in bankruptcy protection), their phone numbers, and their phone service, that's fine with me, but you can't say you weren't warned, and if you're out any/all of the above, our sympathy is limited at best.
I started the process of leaving today. When a company tells a whopper of a lie about their fundamental ability to survive, it's not exactly time to throw them a party! |
