Soundfocus to file for bankruptcy; Amp Audio device ditched

Soundfocus, the company that developed Amp Audio, a crowdfunded iPhone case delivering amplified audio, announced its immediate plans to file for bankruptcy.

Founder and CEO, Alex Selig, shared the news on Medium, all while the Amp Audio Facebook was deleted.

“It is with a heavy heart that I write this blog post. Over the past few months a series of truly unfortunate events have unfolded. The result is that we will not be able to deliver the AMP case and we are now forced to wind down the company […]

After several months of negotiation and receiving a letter of intent from the potential acquirer, the deal fell through at the final stages. This was the final blow that has now forced us to close our doors […]

We are now forced to wind down the company through a formal bankruptcy process. Again, we are incredibly sorry about this outcome and we will be doing everything that we can to support this process.”

The company claimed to have had $1.2 million dollars in pre-orders; the product was heavily promoted on Facebook via ads.

Domain investor, George Verdugo, notified us of the ongoing situation with Soundfocus. He had placed an order for Amp Audio as well.

In 2013, Soundfocus acquired the domain on Afternic for $3,000 dollars.


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