Well with CITM throwing in the towel it seems this is most likely dead. It is a shame they could not have just shutdown in a more graceful manner. Goodnight, sweet price
yeah, I'm kind of sad as well. And I'm speaking from a point of view of an investor who bought at IPO and made nice money with AM. I sold all of them a while back and I can see that it was a good decision. Even when I still kinda hoped that friedcat will once again create a great product...
I have been pretty negative towards AM for the last year or so, but I think they did try at least. The killer for AM was relying too much on FC for every single thing. No company can perform well that way...that is the reason you surround yourself with good people. The writing has been on the wall for a very long time, but many just refused to read it.
I also believe that it was more incompetence or also bad luck (esp. with BE200) than a downright scam or fraud. Yet, I still like solid proof that this currently really isn't some exit strategy.