We have been recently informed by our former account manager at VON.x organizer that the numerous rumors about Pulvermedia ’s financial problems, total staff lay-offs, and inability to continue running the scheduled shows this year are in fact true. We did not manage to receive any comments on this from TICC Capital Group, the investor to Pulvermedia.
We assume that the show in Amsterdam will not happen at all, and therefore regret to inform our customers and interested prospects that under these circumstances PortaOne will not exhibit at VON.x in Amsterdam in June this year.
Since 2005, PortaOne has invested a lot to participate in every major VON event in the USA and Europe. We now have our booths booked for Amsterdam and Boston shows this year and even San Jose expo in 2009. Unfortunately, it is our understanding at the moment that these shows will not happen either.