ClubIT/PC Club out of business

[saturnotaku]

http://www.clubit.com/

Anyone who has any open business with this company should contact them ASAP. A little more info can be found here.

[RobRich]

Yeap, RicheemXX posted about it last night over at DL:

http://www.dealighted.com/forum/showthread.php?t=1790

Apparently the result of "involuntary Chapter 7 bankruptcy proceedings" as I have seen one report suggest.

[Gooiool]

it wasn't just due to large debts, they just had a class action lawsuit filed against them on the behalf of the employees.

[FalcomPSX]

having been a former employee of a pcclub store(over 4 years ago), i'm suprised it took this long.

[FalcomPSX]

oh, and btw, they are back in business again.

[nomaxim]

Originally Posted by RobRich

Yeap, RicheemXX posted about it last night over at DL:

http://www.dealighted.com/forum/showthread.php?t=1790

Apparently the result of "involuntary Chapter 7 bankruptcy proceedings" as I have seen one report suggest.

Nothing in PACER about it, at least at this time. Searched for company name (Club It Inc.)and owners (Joyce Wu {CA} and/or James Cheng {NV}). They are actually registered in Nevada.

[RobRich]

Acquired and now operating again.

NAOC said the capital infusion will allow PC Club and its two e-commerce sites, PCClub.com and ClubIT.com, to remain open for business as usual, and to honor all customer and vendor relationships and agreements.

After reorganizing the business, NAOC said it will set its sites on growing the chain, which will join other Chinese-tied investments in building a "leading home computer appliance conglomerate."

PC Club Acquired By Investment Group - 5/19/2008 11:27:00 AM - TWICE