I think netronix dragged it down. With the rate of faulty products so high, it is no easy business.
Then there is the ipad, claim to do more than just e-reading.... and people buys the apple marketing...
Next, I never see Cooler has proper stock levels.
I wish there is one more update.... or make the thing open source so we can improve it.....
Disappointing to see them belly up.
Cooler is STILL the lightest E-reader out there... 1/4 the weight of my ipad 3G