This just in,.
http://biz.yahoo.com/e/120127/tbus.pk8-k.html
� Provide advice regarding the potential preparation and business oversight for a potential filing by the Company of a petition under Chapter 11 of the United States Bankruptcy Code; and
I remember when we discussed alternatives to proceeding with DRI when the project was a year late and many technical failures were being experienced. Westcat management was not ready to put a contingency plan in place.
Westcat AVL a shovel ready project, not good when the guys with the shovels are grave diggers.
TBUSQ last price 12-01-12 .00008 cents a share total market cap under $10,000.
DRI was purchased by luminator. It remains to be seen if Luminator will continue to support AVL , their core is signs. Acquiring DRI just decreases their competition.
http://www.luminatormasstransit.com/component/search/AVL.html?ordering=newest&;searchphrase=any
A search of their site does not return any links to AVL . If they are supporting AVL it is not readily apparent they are.
What to do when the vendor goes under?
http://www.techrepublic.com/article/what-do-you-do-if-your-enterprise-app-vendor-goes-under/5025229
12-15-12 Their website is still up and has been updated , seems they still have a hand in the AVL and ITS world