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Message: wrinkles

wrinkles

posted on Mar 23, 2006 02:40PM

November 11, 2005

``On , in the normal course of our business, we placed a purchase order for 1250 digEplayers with our contract manufacturer, Maycom``

January 2006....

``We were advised that digEcor made an onsite inspection of order progress in January 2006 prior to final progress payments being made.``

Wonder if Triad went along for the ride...lol

March 20, 2006

``March 20, 2006 we became aware of information indicating that Maycom may be unwilling or unable to complete the purchase order for product intended for delivery to digEcor.``

``discussing alternatives and actions with Maycom and digEcor.``

``Our deposits with Maycom may be impaired and we could be obligated to digEcor for their deposits to us if product is not delivered.``

``We are also evaluating if any third parties have interfered with our business relationship with Maycom.``

wrinkles...wrinkles and more wrinkles..never seems to end.

Maybe a way to hand DigEcor a new model...I wonder when they were informed of the January visit of DigEcore to Maycom?

``Maycom may be unwilling or unable to complete the purchase order for product intended for delivery to DigEcor.``

Having some business problems...or short some ingredients to finish the project?

doni

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