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  1. #1
    ABW Ambassador Ron Bechdolt's Avatar
    Join Date
    January 18th, 2005
    Location
    Affiliateville, USA
    Posts
    7,927
    Just got this by email:

    quote:
    Dear X10 Affiliates,

    As you may have heard, X10 Wireless Technology, Inc. is reorganizing under Chapter 11 laws. While business is good, there was an unexpected and significant verdict rendered against us in California. In view of this verdict, our primary supplier changed our credit terms for inventory. In order to restructure our debt without the pressure of responding to these issues, we were forced to seek the relief of the bankruptcy laws.

    This is a voluntary bankruptcy, we have a prepaid and positive balance with Commission Junction and you will continue to be paid on an ongoing basis.

    Thank you for your continued support and we look forward to continuing our affiliation with your site.

    X10 Management



    Ron - 7 Days A Week Marketing

  2. #2
    ABW Veteran jc101's Avatar
    Join Date
    January 18th, 2005
    Location
    Santa Cruz, CA
    Posts
    4,597

  3. Newbie
    Join Date
    January 18th, 2005
    Location
    Nova Scotia
    Posts
    26
    I have commissions owed to me.... (the transaction status still showing "New")... Any comments or feelings whether or not we'll be paid?

    ========
    Davester
    www.fundiscoveries.com

  4. #4
    ABW Ambassador
    Join Date
    January 18th, 2005
    Posts
    594
    Blaming financial whoas on a single verdict is irresponsible and not necessarily the best practice if the underlining business model is not sound.

    IamJaloppy

  5. #5
    Newbie
    Join Date
    January 18th, 2005
    Location
    Nova Scotia
    Posts
    26
    my sale was "extended" today...

    ========
    Davester
    www.fundiscoveries.com

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