Bye Bye Bolt.com - Bolt.com Makes History, First Video Sharing Site Sued Out of Existenceposted by MR WAVETHEORY at 8/16/2007 11:55:00 PM
Please be advised that the operations of Bolt, Inc. and Bolt.com have ceased. Net Revolution, Inc. and Bolt, Inc. have executed an Assignment for the Benefit of Creditors effective as of August 14, 2007. Please direct any creditor related questions or comments to the Assignee's office to the attention of:
Development Specialists, Inc.
345 California Street
San Francisco, California 94104-2664
Att: George E. Shoup, III
The Notice of Assignment will be mailed to all known creditors in the near future. If you are interested in acquiring this site or other assets of Bolt or Net Revolution please contact, firstname.lastname@example.org.
Bolt was sued by Universal and couldn't pay up. It was supposed to be bought by GoFish but the deal fell through because GoFish itself had problems of its own - with an incredibly shrinking stock price.