"On September 6, 2007, the Company was served with a court order to vacate the premises by September 12, 2007. The Company is currently in the process of seeking suitable replacement premises. No assurance can be given that the Company will be able to raise the working capital needed to cure the default or find suitable replacement premises."
This one hurts the most...
"On August 15, 2007, Amedia Networks, Inc. (the "Company") released seven of its nine remaining employees, leaving only its Chief Executive Officer and Chief Financial Officer on staff."
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