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Secure card maker Plastc Inc. considering Chapter 7 bankruptcy, halts operations

Plastc Inc. is exploring options for Chapter 7 Bankruptcy. The company says they were expecting $3.5 million in Series A funding earlier this year, but the investors backed out. The social media and support channels for the company have all been shut down and all company staff have been let go. It isn’t clear if anyone who pre-ordered is still eligible for refunds. The original ship date was the Summer of 2015, when the company still hadn’t shipped to the public.”]

Source: https://www.csoonline.com/article/3191257/secure-card-maker-plastc-inc-considering-chapter-7-bankruptcy-halts-operations.html

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