Joined: Jan 19, 2006
Posts: > 500
From: Santo Domingo, wonDeRland
HTC is one of a number of OnLive debtors caught up in its Assignment for the Benefit of Creditors (ABC) restructure. PC World reports that the embattled Taiwanese handset manufacturer has informed the Taiwan Stock Exchange of a $40 million loss incurred following the dramatic events that unfolded over the past week at the online streaming games service. Although the restructure has been architected in a way designed to give initial investors some return on their investment, HTC appears to be taking a pessimistic view on the matter.