Just hard to understand...the debt wasn't very large. So many of these OTC companies have millions and millions in debt and go on and on for years. Why do some continue and others go under even when the debt is so relatively small in comparison. I don't get it. Am I wrong to feel like we were not given proper notice here?
From September PR:
"The response from photo retailers for PlingPix has been amazing," stated Chett Paulsen, CEO aVinci Media. "The ability to instantly engage customers on mobile platforms, websites or desktops with a single click creator has accelerated adoption and integration of PlingPix into existing photo creation offerings."
aVinci's unique and proprietary solutions offer any website, retailer, smartphone application, online game, independent band, school or any other group to create profitable, incremental revenues from both copyrighted and personal fan images. Virtual representation of products such as photo books and streaming media can be created and placed on a Facebook wall, blog site or other online site.
"The adoption of digital imaging has empowered consumers to capture and share unprecedented numbers of images and to use imaging as a primary currency of communication," stated Frank Baillargeon, CEO F/22. "However, until now, seamless, spontaneous connections between image capture and the creation of meaningful output have been painfully absent. The PlingPix platform is the most exciting application of digital imaging technology that I've seen in 2011 and the implications for photo output are profound."
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