• Anyhow... the decision has been made. I've gone back and forth on it, continue or not. Stopping seems the hardest and yet best thing to do.

    The financial projections of a zombie company aren't substantially changed unless an enormous growth in user numbers is achieved. I don't believe that without a full-time member of staff, and with my only being able to put effort in around another job, that this could work. I truly believe this would be throwing good money after bad.

    I've spoken to the company accountants today, and will speak to Seedrs tomorrow.

    We'll wind-up at the end of this month, or as soon as possible thereafter.

    I need to take care of a number of things that I'm obligated to do for shareholders, HMRC, the Crown, etc, and will need to resolve some other stuff that I'm not obligated to but it's right to... support customers.

    Specifically I'm going to try and end the company cleanly at the end of this month, and return what cash exists according to the cap table (i.e. some portion will come back to you but not much) - I need to check with Seedrs exactly how this works as if it triggers Capital Gains then it's almost pointless... so I'll get that worked out.

    I shall also be selling physical assets and putting those funds back in the pot of cash to be restored via Seedrs to shareholders. There isn't much, but a couple of Lenovo X220 laptop, a Mac Air (1 year old), an iPad mini (lowest spec, 6 months old), some SSD drives (256GB), a couple of 30" monitors, and so on. Price will be according to the book value, which is purchase price and a 3-year straight line depreciation - I'll figure out the prices and will list the items in classifieds.

    I'll also need to work out a plan with existing customers to offer them a path forward. I'll open-source the API component and the database schema which are the only remaining closed parts. And we'll offer the scripts to help people build their own server. I'll personally pay for the platform to continue for another month or two so that customer sites don't suddenly vanish. The accountants and Seedrs can help with dealing with the company, but I shall support and help the customers... I loathe reading about startups that fail and delete customer data or suddenly pull the plugs. I won't do that.

    As for me. Who knows. It doesn't feel like the highest priority at the moment, I've got skills and I'm sure I'll get a job just fine. I'll make some enquiries but mostly I'll work on the stuff above.

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