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BrightCube

BrightCube

2002-09-10 by Diana York

Photo Marketing Newsline August 28, 2002

BRIGHTCUBE IN DANGER OF CLOSING DOORS 
In filings Aug. 22 with the U.S. Securities and Exchange Commission, 
BrightCube Inc., which provides technology, products, services and 
papers for the digital printing markets, said it may run out of money. 
In March, the company said it had enough cash on hand to last through 
May 24; on May 8, the company filed a Form SB-2 with the SEC; as of 
Aug. 14, it has been able to raise about $200,000. If it is unable to 
raise additional capital immediately, the company may be forced to lay 
off its workforce and either restructure or close. As of Aug. 15, only 
nine employees remained. BrightCube also has had to delay payments to 
most vendors and defer management salaries.
Show quoted textHide quoted text
----- Original Message ----- 
From: "marktuckerdotcom" <mtucker508@...>
<snip>Only bad thing potentially about Brightcube is a rumor 
> that their business is not in the best of shape; who knows if they'll be here for 
> long time?
> Mark Tucker
> http://marktucker.com



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Re: BrightCube

2002-09-10 by KAPTJON

That's too bad, I was a big fan of their company and bussiness model.  They have 
a very valid concept in which they distributed copyrighted artwork and virtual 
galleries through their servers directly to output on large-format printers with 
ICC profiles in place.  They also had another marketing concept which they 
promoted and I believe sold to a major camera manufacturor called 
WorkingPhoto.Com.  It was a great concept marketed to photographers as well 
as others, unfortunately did not promote this particular bussiness model hard 
enough. This leads me to believe this particular bussiness model was created to 
be sold to other interested large manufacturors. 

Jonathan 

--- In DigitalBlackandWhiteThePrint@y..., "Diana York" <diana@h...> wrote:
Show quoted textHide quoted text
> Photo Marketing Newsline August 28, 2002
> 
> BRIGHTCUBE IN DANGER OF CLOSING DOORS 
> In filings Aug. 22 with the U.S. Securities and Exchange Commission, 
> BrightCube Inc., which provides technology, products, services and 
> papers for the digital printing markets, said it may run out of money. 
> In March, the company said it had enough cash on hand to last through 
> May 24; on May 8, the company filed a Form SB-2 with the SEC; as of 
> Aug. 14, it has been able to raise about $200,000. If it is unable to 
> raise additional capital immediately, the company may be forced to lay 
> off its workforce and either restructure or close. As of Aug. 15, only 
> nine employees remained. BrightCube also has had to delay payments to 
> most vendors and defer management salaries.
> 
> ----- Original Message ----- 
> From: "marktuckerdotcom" <mtucker508@y...>
> <snip>Only bad thing potentially about Brightcube is a rumor 
> > that their business is not in the best of shape; who knows if they'll be here for 
> > long time?
> > Mark Tucker
> > http://marktucker.com
> 
> 
> 
> ---
> Outgoing mail is certified Virus Free.
> Checked by AVG anti-virus system (http://www.grisoft.com).
> Version: 6.0.385 / Virus Database: 217 - Release Date: 9/4/2002

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