Oh noes! Ugobe folds b/c economy - no more Pleo!...
Either way, the Pleo has antagonized its last Labrador.
The company has filed for Chapter 7 bankruptcy?the kind of bankruptcy that's most like a tremendous meteor?and fired all of its workers. This is sad news for Pleo fans and horrible news for the now-ex-employees, but one part of the report was surprising: Over 100,000 Pleos, which retail at $350, were sold in the last year alone.
So, I guess Pleo will either be a collectors item or perhaps Disney or similar entertainment company will purchase Ugobe's assets and even intellectual property?...
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