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Old 06-30-2010, 03:05 PM   #69
Shaggy
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Posts: 4,293
Karma: 529619
Join Date: May 2007
Device: iRex iLiad, DR800SG
Quote:
Originally Posted by Mackx View Post
I think that this 'warehouse full of devices' does not exsist. For some reason the message that irex did not sell enough devices of their DR800s and therefore had a cash problem was translated as they have a lot of devices that they did not sell. What I think is that because devices where sold too late, their cash was 'burned' on cost of people etc and so they did not have enough money to start the production of a new/next batch of devices.
Which also explains why the DR800 could only be bought for a few weeks/months and was out of stock after that time.
But I ofcourse could be wrong.
That's my bet as well. I think they were having problems getting enough devices, not the other way around. I doubt there's a vast stockpile of them.

However, theoretically, if there were they wouldn't just destroy them. There are (I believe) legal requirements that they use any remaining assets to pay off debts.
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