Is Mentor back in business? web site is not there. The news this morning is that a company called Element K has purchased the Vlab technology, and will be marketing the labs.
Point to note - in terms of Mentor, Vlabs was an asset, people who bought services were creditors. The bankruptcy court will sell assets and use the proceeds to start to pay creditors. There is a specific legally defined hierarchy as to which creditors get paid in what order. Those who were owed rack time are last on that list. Sorry, but that's the way it is. Unless the Court specifically obligated Element K to honor the open rack time, they are under no legal obligation to do so. It is possible that as a gesture of good will, Element K might offer to make good on what Mentor owed. But depending on the terms of the acquisition, they may not be legally obligated to do so. Just as a note, there are plenty of lab scenarios available, free and otherwise, and more on the way. There are also plenty of places to rent rack time, with more on the way. To be truthful, I'm not so sure that the Vlab business model is as relevant as it was a couple of years ago. Time will tell. Chuck ""marcus jensen"" wrote in message [EMAIL PROTECTED]">news:[EMAIL PROTECTED]... > Isn't this the group that went bankrupt and took money with them from lots > of students for classes they paid for? There were lots of posts from angry > students here a bit ago, I wonder if their concerns have been address since > mentor is now back in business? Message Posted at: http://www.groupstudy.com/form/read.php?f=7&i=32019&t=31964 -------------------------------------------------- FAQ, list archives, and subscription info: http://www.groupstudy.com/list/cisco.html Report misconduct and Nondisclosure violations to [EMAIL PROTECTED]
