They have A LOT of debt that is due this year and no one is willing to give them a loan to push it out. It also doesnt make sense to pay for a loan with 3% interest with another loan of 13% interest, which is basically what they are attempting to do. They are also struggling because a lot of their new subs come from the car industry, which is currently not doing well either....
They are in a lot of trouble. They might make it past this year, but its hard to get content worth paying for when you have no money to pay for it and WI-MAX is around the corner...
[Routis '04] [Opus 90W] [160GB Maxtor HD]
[Lilliput 7" TS] [VIA M10000] [XMPCR]
[512MB RAM] [Custom housing]
[Deluo GPS Mouse] [E-MU 0404 Soundcard]
Progress Meter: [==============|] 99.9%