Howdy,
The press release is full of legal mumbo-jumbo but the message is clear.
Solectria EVs and Azure Dynamics are finished.
Like I say, the only way to make a small fortune in the EV business is to start with a large fortune.
Sad but true.
Hope some EV company can prove me wrong soon.
Adios,
Jerry
From: "Jerry Pohorsky" <jerry.p...@gmail.com>
To: "Jerry Pohorsky" <Poho...@comcast.net>
Sent: Wednesday, March 28, 2012 6:03:17 AM
Subject: Fwd: [solectria_ev] Azure Dynamics files for bankruptcy and closes doors
---------- Forwarded message ----------
From: bzsilverman <beth.z.s...@gmail.com>
Date: Tue, Mar 27, 2012 at 11:24 AM
Subject: [solectria_ev] Azure Dynamics files for bankruptcy and closes doors
To: solect...@yahoogroups.com
Hello all -- unfortunately, I have some bad news. Yesterday Azure Dynamics filed for bankruptcy and virtually all employees, including me, were let go. The Azure office in Boston (the former Solectria location) will be closed by the end of this month. Here is a link to the press release:
http://www.azuredynamics.com/documents/PR_Mar26_2012.pdf
I've felt a personal connection to many of you over the 15 years I've been with Solectria and Azure, and I'm sorry I won't be able to help you in the future. I wish all of you and your vehicles the best going forward.
Regards
Beth Silverman