user 10599
Well-known member
- Joined
- Aug 11, 2013
- Messages
- 774
I must say I saw bankruptcy coming. The news articles of them struggling gave a good indication. The clincher - I've been trying to be a customer for over a month. Two requests and two follow up contacts to customer support and still no cards. :x They didn't even bother to respond to the second contact. Most customers in normal markets wouldn't have given a company that much of a chance to get their business. When a company is unable or unwilling to setup a customer, it's hard to have much revenue. No revenue and high expenses equals failure real fast. And that equation doesn't require my degree in accounting to understand. :ugeek:
On the plus side, the loan from Nissan can make quite a difference. You have to remember that the bankruptcy filing tends to take care of much of the existing debt. To get out of debt and get new funding can really help, especially if the Nissan funding has strings attached that force the company to actually provide service to customers.
I hope it turns around. It seems that Blink has a lock on 90% of the chargers in my area and I would like to be able to charge when I'm out and about.
On the plus side, the loan from Nissan can make quite a difference. You have to remember that the bankruptcy filing tends to take care of much of the existing debt. To get out of debt and get new funding can really help, especially if the Nissan funding has strings attached that force the company to actually provide service to customers.
I hope it turns around. It seems that Blink has a lock on 90% of the chargers in my area and I would like to be able to charge when I'm out and about.