Andrew O'Neill
22-Nov-2004, 14:48
Just got an email from a gentlman at Eight Elm Photo in Toronto in regards to Forte.
"Regarding future it is very diffiult to say anything concrete.
Unfortunately they have not got the banking credit. It means that they have become unable to finance the production.
In accordance with the Court they have started the liquidation of FORTE. The Court will announce somebody to arrange the procedure. During this procedure they will try to sell FORTE and its territories to somebody. First they would like to find an investor from the photo sector.
We hope that this person will agree on continuing the production of the orders that are on hand during the procedure of liquidation.
We will inform you as soon as we know this person and his ideas in this matter".
Sure hope there is a buyer out there...and if there is, that they continue production of all films and papers! Keep your developer stained, fixer smelly fingers crossed!
"Regarding future it is very diffiult to say anything concrete.
Unfortunately they have not got the banking credit. It means that they have become unable to finance the production.
In accordance with the Court they have started the liquidation of FORTE. The Court will announce somebody to arrange the procedure. During this procedure they will try to sell FORTE and its territories to somebody. First they would like to find an investor from the photo sector.
We hope that this person will agree on continuing the production of the orders that are on hand during the procedure of liquidation.
We will inform you as soon as we know this person and his ideas in this matter".
Sure hope there is a buyer out there...and if there is, that they continue production of all films and papers! Keep your developer stained, fixer smelly fingers crossed!