- Joined Aug 27, 2009
"Having explored all options known to us, and after seeking professional advice, we have made the difficult decision to pursue a creditors' voluntary liquidation," the message states.
"We are greatly disappointed with the outcome of the Zano project, and we would like to take this opportunity to thank everyone who has supported us during this difficult period, especially our loyal employees, whose commitment has exceeded all expectations."
Torquing chief executive Ivan Reedman resigned last week due to "personal health issues and irreconcilable differences", according to a comment he left on a Zano forum.
We have everyone's best interest at heart and if nothing comes of it, we will give out all the company's Dragonfly IP with full license authority to all our campaign backers for use, re-sale and more as they please to instigate recovery against their loss.