BitPass.com - discontinue operations
Bitpass was founded in 2002 to provide solutions that remove the roadblocks to digital content commerce and allow digital media and entertainment companies to cash in on their content assets.
Below is the notification email from BitPass
Dear Valued Bitpass Merchant,
We want to thank you for your past business, however due to circumstances beyond our control, we are discontinuing our operations.
We have partnered with Digital River to provide operational support during the period prior to shut down. As of today, January 19, 2007, all Bitpass Buyers with US dollar denominated accounts are being notified that they will have seven (7) days to spend any amounts that currently exist in their Bitpass Account.
During this seven day period, US Buyers will not be able to add additional funds into their account.
On January 26, all US Bitpass Buyer accounts will be closed and we will begin the process of refunding all unspent monies to the accountholder.
Bitpass Merchant Accounts will be available for viewing until February 28, 2007. At that time any funds that you have on account or owed to you will be refunded or paid. All account records and materials will be retained for 60 days and available upon request.
Again we would like to thank you for your business and support.
Matthew Graves
Chief Operating Officer
Bitpass Inc.
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