Posted by Britt Harrison on 1/25/13 11:09am
Msg #452155
Just received a letter that FLEX went bankrupt.
The letter reads as follows:
A consultation with the shareholders of Flex Closing Corporation took place earlier this week to discuss options for thecorporation to deal with recent financial news that directly impacts upon the continued viability of the company. Specifically, notification was received that their largest customer, National Real Estate Information Services in Pittsburgh, PA with an unpaid invoice owed to Flex Closing, had closed and that no money will be available to pay Flex Closing. This informationcame as a shock to Flex Closing since up until receiving this news, this particular customer had been timely paying Flex Closing on open invoices.
They go on about not filing for bankruptcy, but closing their doors.
Thank the lord I smartened up to this company and refused to do any more work for them. But the most important is how can a company so supposedly large in size can go bankrupt over one vendor going out of business, especially the crappy rates they paid us.
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