Comment Re:BFG products fit a niche, and their absence is (Score 1) 108
Which curiously is how BFG got its start, buy selling veideo cards in stores like Best Buy, Circuit City, and CompUSA. The problem was how BFG got its start. It did so by sabotaging the original VisionTek that made nVidia graphics cards. They violated confidentiality agreements, stole trade secrets, saved plenty of files they should not have from VisionTek, used previous contacts illegitimately, managed to get Visiontek's old suppliers, including nVidia, to dump them, and got customers (like Best Buy) to dump them as well. It is disgusting behavior that no one did any jail time for and for which very little money was recovered from BFG, or anyone else in the end. It also appears "John Slevin" is mentioned in the press release in TFA, and is probably the same guy mentioned in the complaint in US Bankruptcy Court documents as being a part of the slime that made up BFG from day one. Interestingly, nVidia and Mitac (the board manufacturer) were sued and settled as well.
The amended complaint:
http://docs.google.com/fileview?id=0B--kPjOMTMyPNGQzYzdjYmUtYjI5ZC00NzJlLWE3N2MtZTM2MWQ5MjAwNWVl&hl=en
Article in Forbes that mentions Visiontek, but not BFG by name:
http://www.forbes.com/forbes/2008/0901/048b.html
I suppose Advanced Equities will soon be able to add BFG in as a failure.
A Chapter 7 bankruptcy should not take this long, but it did here (includes payments):
http://docs.google.com/fileview?id=0B--kPjOMTMyPNTg4NmVlZmMtMzRjYy00YzUwLWJhNDQtYzExMmZhNDczMjk3&hl=en