Think3 Goes Bankrupt

As of this writing the number of comments on my post “Scott Brighton On Think3’s Turnaround” has hit 70 with some comments from Think3 customers from Italy following the court case there. Yesterday, one of my readers notified us that think3.com was taken down. I asked Scott Think3 CEO Brighton about it and he pointed me to http://think3.versata.com, a sub-domain of  Versata’a web site. Think3 customers have been leaving comments containing the emails that they have received from Versata notifying them about the happennings and pointing them to the new web site.

As of this writing the Think3 web site is up and running at the Versata sub-domain.

However, if you visit think3.com you will find this splashed all over the home page.

This takes you to a page that reads:

BY MEANS OF THE DECISION NO. 69/2011, LODGED ON 14 APRIL 2011, THE COURT OF BOLOGNA DECLARED THINK3 INC. BANKRUPT. AS A CONSEQUENCE, ALL ASSETS OF THINK3 (INCLUDING THIS WEBSITE) ARE MANAGED BY THE APPOINTED TRUSTEE, DR. A. FERRI OF BOLOGNA.

THIS WEBSITE IS THE ONLY OFFICIAL AND AUTHORISED WEBSITE OF THINK3 INC.

EMBEZZLEMENT OF GOODS OF THE BANKRUPTCY (INCLUDING COPYING THIS WEBSITE OR OTHER INTELLECTUAL PROPERTY OF THINK3) CONSTITUTES A CRIMINAL OFFENCE.

FOR FURTHER INFORMATION, PLEASE CONTACT MOC.3KNIHT@EETSURT.OFNI  call center: 051/597111

Things are getting interesting, to put it mildly. Let’s see how long the Think3 Versata subdomain stays up.

Update (23-Apr-2011)

As of this morning http://think3.versata.com is down.

  • BANZAI

    has what appears to possess a legal service Versata very powerful.
    I fear that their lawyers do bend the little judge like David against Goliath.
    Good luck Mr FERRI from BOLOGNA Against VERSATA from TEXAS comp. Nice headline for the news.

  • Toto

    Nice post deelip, thanks !
    All customers in the world have to see this link and http://www.think3.com now…

  • Nainar

    I dont think it is David Vs Goliath! It is one country’s law against another..It is quiet possible that Versata files a counter claim in the US courts for the IP, but who will be their respondents? Italian Court appointed liquidator? That in itself will raise eyebrows in the US Courts. Law is an ass for sure, but it does kick once in a while.I only hope the IP gets sold to a serious company at the earliest.

  • Jhon

    22/04/2011
    The web site, is still clonate : http://think3.versata.com/it?switchLang=1

  • Toto

    http://www.think3.versata.com is down now… Scott??

  • Toto

    http://think3.versata.com/. is down… 🙂

  • Gtim

    On Linkedin you can see a job offer from Versata for a position of CEO ..
    May Mr brihgton was fired during the night for European?