Zalman USA claims bankruptcy rumors are completely false

By Shawn Knight
Nov 10, 2014
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  1. News surfaced last week that silent PC cooling specialist Zalman had filed for bankruptcy due to multiple accounts of fraud but according to sources within Zalman USA, such claims simply aren't true.

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  2. TS-56336

    TS-56336 TS Addict Posts: 609   +109

    Whew, good, as I only use Zalman CPU coolers exclusively even in my low profile HTPC. To quote Mark Twain, "The rumors of my death have been greatly exaggerated".
  3. I'm still curious as to why the company failed to publish an official response much sooner.
  4. SirGCal

    SirGCal TS Maniac Posts: 365   +136

    They did, I saw their response quite a while ago. More then a week. I think some of the news sites also picked up on it quickly.
  5. VitalyT

    VitalyT Russ-Puss Posts: 3,108   +1,376

    "Let's not blow this out of proportion" :)
  6. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 6,336   +1,938

    But why wait until the end of the month to release an official statement? Somethings rotten in Denmark ala Billy Shakespeare.
  7. "everybody take a moment to cool down"
  8. Hey, TechSpot, maybe in the future you could try to verify information you post as "news" eh?
    Because now you look silly as every other news feed with 0 credibility.

  9. Check out their stock price...investors aren't swallowing the protests to the contrary.
  10. Excessive mail-in-rebates a big indicator of a consumer tech company on the edge of going bust. The company collects lots of revenue for products sold at full retail, and then goes bankrupt before fulfilling rebates that would cancel out that revenue.

    Today newegg is selling a $25 Zalman notebook cooler for free after a $25 mail-in-rebate. That's not a good sign for Zalman.

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