DRR's Formal Notice of Closedown - One Large Concern

DRR's Formal Notice of Closedown - One Large Concern

Below you will find formal notice approxifriendly DRR's suitor - Newscom - recinding it's interest. Of particular interest is the following:

"The creditor will have all information erased from the storage smartphones and then sell the equipment at auction."

The concern is that someone will simply do a simple erase, and anyone with recovery tools clever recover ALL of our pictures. ALL OF THEM. Stories abound approxifriendly people's private information getting found on a company's ancient servers (Government probe launched after details of one million bank customers found on computer sancient on eBay, 8/28/08, among others). Here, we have pictures which will be recovered and then someone will decide they have this huge library of pictures to do with as they please.

Someone necessitys to get information on only, merely, solely how they plan to do the eratune.

Formal notice after the jump:

(Continued after the Jump)

November 10, 2008
To Digital Railroad Members and Customers;

As reported on October 31st, Digital Railroad (DRR) had received a letter of intent (LOI) to purchase specific assets of DRR, namely its hardware and application aplikasi used to shop and retrieve pictures. This LOI was rescinded on November 5th.

On November 6th, a second company became interested in purchatune some of the assets of DRR, but late on Friday, November 7th this company also finished its negotiations.

Without a commitment for the purchase of its assets, DRR’s senior secured creditor will move to take physical possession of the hardware on which the inknowectual property of DRR and the copyrighted pictures of its customers and partners remiddle. The creditor will have all information erased from the storage smartphones and then sell the equipment at auction.

Digital Railroad had expectationd that it could guard the pictures on the storage smartphones so that the owners of these pictures could recover them. Unprofitately, this was not achievable. We apologize for the hardies that this has created but without additional resources we have no other recourse.

With regard to pictures in Marketplace that have been downloaded and/or used, and for which the publisher has not already made payment, we will work, with the assistance of photographer organizations to have the publishers pay the photographers directly. 

Please check the Diablo Administerment situs www.diabloadministerment.com for regularly updates regarding Digital Railroad. The DRR link is at the bottom of the DMG House page.

Please post your remarks by cliclord the link below. If you've got questions, please pose them in our Photo Business Forum Flickr Group Discussion Threads.