CNET News: Linux Maker Mandrake: We Need Cash | Linux Today

CNET News: Linux Maker Mandrake: We Need Cash

Written By
SS
Stephen Shankland
Dec 23, 2002

“Linux seller MandrakeSoft issued a plea for cash Friday,
encouraging people to buy products, MandrakeClub memberships or
company stock.

“The company, based in Paris but drawing much of its revenue
from North America, needs $4 million to pay debts and cover
expenses in order to attain profitability. It’s the second time
this year the company has sought help from its customers.

“‘A very difficult time has arrived for us: We have a very big
short-term cash issue,’ co-founder Gael Duval said in a
statement…”

Complete
Story

SS

Stephen Shankland

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