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InPhonic in Bankruptcy Archived From: Deal Discussion

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alert mods    

In case you have outstanding rebates with InPhonic/wirefly etc:


Thank you for contacting the Rebate Team.

We have received your most recent inquiry regarding your rebates.

On November 8, 2007, the sponsor of this rebate, InPhonic, Inc. filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The filings were made in the U.S. Bankruptcy Court for the District of Delaware. They have obtained a debtor-in-possession financing facility which will give the Company the financial resources it needs to operate under Chapter 11 and reorganize. You will receive communication in the mail regarding any approved rebate claims. Please visit www.InPhonic.com/reorg for additional information on their reorganization. Again that is www.InPhonic.com/reorg.

Thank you for your patience.
Sincerely,
Rebate Team


Rebate Creditors Information

See above if your name is listed as a rebate creditor.

Message edited by: thanessit on 2008-02-19 23:39:16 CST
alert mods    

Anyone got comnunication mail? My 3 rebates valid since Jun but I did not get the check. I continue inquiry both phone and email
got nothing update until recently got the same reply


alert mods    

I am in the same boat. I have two rebates: one that was submitted early Oct. and another in early Nov., both for a purchase made in May. Wirefly Customer Service stated to me that they were honoring the rebates as long as the submission was correct. I have not received any email communication as stated.

The bankruptcy buy-out and subsequent operational capital made available from it may allow them to honor their rebates- I don't know. I'll tell you this though, if Versa or whoever bought them does not honor the rebates, I would hope the PR fall-out would destroy the Wirefly Brand and ultimately their investment. InPhonic is well known for their shaddy business practices; it's shocking that a brand name like Wirefly is run by such a crude and deceptive parent company. Amazon and Buy should be exposed for this as well.

This is bullshit. I hope the bankruptcy court ensured that the buy-out included cash reserves for all outstanding debts, including payables for rebates.

And of course, InPhonic will not deal with customer inquires concerning rebates, but you can be damn sure Wirefly continues to take orders.

If I hear anything I'll post it. Please do the same.

Thanks,

Angry Guy


alert mods    

I completely agree with above comment.
I also have the pending rebate with these guys. Just saw the news that they applied for Chapter 11.
What does all this mean to us? Shall we give up on this rebate or is there any chance we will get the rebate?


alert mods    

I'm in the same situation.


alert mods    

No email or update yet. My rebate (day before announcement) showed that it was approved and pending payment but obviously not...


alert mods    

4 valid rebates for total $150 appear to have now been 'stolen' by InPhonic.
We'll never see a cent under such lax 'laws' allowing companies to operate and wipe out their debts - i.e. steal.

CORPORATE AMERICA and LAWYERS: 1
CONSUMERS: 0

WE SHOULD SLAM ANY POST REGARDING InPhonic OR WIREFLY UNTIL YOU ARE PAID.


alert mods    

InPhonic Announces Receipt of Notices from NASDAQ

Nov 12, 2007


WASHINGTON, D.C. – November 12, 2007 – InPhonic, Inc. (NASDAQ: INPC), a leading online seller of wireless services and products, today announced it received a notice from The NASDAQ Stock Market, Inc. (the “NASDAQ”) indicating that the Company’s securities will be delisted from NASDAQ on November 20, 2007, pending an appeal.

The NASDAQ Staff Determination Letter received on November 9, 2007 indicated that as a result of InPhonic’s having filed for protection under Chapter 11 of the U.S. Bankruptcy Code, the NASDAQ Staff has determined, using its discretionary authority under NASDAQ Marketplace Rules 4300, 4450(f) and IM-4300, that the Company’s securities will be delisted from NASDAQ and that trading in the Company’s common stock will be suspended unless InPhonic requests a hearing to review the determination. The suspension of the Company’s common stock is currently set to occur at the opening of business on November 20, 2007.

In addition, on November 6, 2007, InPhonic received a NASDAQ Staff Determination Letter stating that the Company fails to comply with the requirements for continued listing because it no longer satisfies the majority independent director and audit committee composition requirements set forth in NASDAQ Marketplace Rules 4350(c)(1) and 4350(d)(2), respectively. As previously announced, Laurence E. Harris and John Sculley resigned from InPhonic’s Board of Directors on October 18, 2007, and as a result, at that time, the Company had only two independent directors on its five member board and two independent directors on its Audit Committee. Rule 4350(c)(1) requires a listed issuer to maintain a majority of the board of directors comprised of independent directors and Rule 4350(d)(2) requires a listed issuer to have an Audit Committee consisting of at least three independent directors.

Pursuant to NASDAQ Marketplace Rule 4804(b), the Company is making a public announcement disclosing receipt of the letters.


About InPhonic
Headquartered in Washington, D.C., InPhonic, Inc. (NASDAQ:INPC) is a leading online seller of wireless services and products. InPhonic sells these services and devices, and provides world-class customer service through websites that it creates and manages for online businesses, national retailers, member-based organizations and associations under their own brands. InPhonic also operates Wirefly (www.wirefly.com), a leading one-stop comparison mobile phones and wireless plans shopping site that has been awarded "Best of the Web" by Forbes magazine and "Best in Overall Customer Experience" by Keynote Performance Systems. InPhonic also delivers a full range of MVNO and mobility solutions to enterprise clients through its Mobile Virtual Network Enablement (MVNE) platform. Among many awards in its history, InPhonic holds the distinction as #1 Company of the Year on the INC. 500 for 2004. For more information on the company, its products and services, visit the InPhonic Corporate Web site at www.InPhonic.com.

Forward Looking Statement
"Safe Harbor" Statement - Under the Private Securities Litigation Reform Act of 1995, this press release may contain forward-looking statements that involve risks and uncertainties. Important factors, which could cause actual operating results to differ materially from those in the forward-looking statements, are detailed in filings with the Securities and Exchange Commission made from time to time by the Company. This press release and statements are current as of the date of the individual announcements and the Company undertakes no obligation to publicly release any revisions to any forward-looking statement to reflect events or circumstances after the date thereof or to reflect the occurrence of unanticipated events.


alert mods    

For your amusement:

Wirefly Reports Strong Cyber Monday and Releases Annual Holiday Wireless Gift Guide

Nov 28, 2007


WASHINGTON, D.C. – November 28, 2007 – Wirefly (www.wirefly.com), the online leader in one-stop comparison shopping for cell phones and wireless service plans, today released its annual wireless gift guide for the 2007 holiday shopping season. The list includes updated versions of best-selling models like the BlackBerry Pearl, Motorola RAZR and LG Chocolate phones, as well as an array of new devices that feature megapixel digital cameras, video and music capabilities.

Wirefly’s own active consumer research indicated a significant spike in online shopping on Cyber Monday. In particular, smartphone sales surged relative to other cell phone models with orders for the BlackBerry Curve and BlackBerry Pearl more than doubling the previous week’s demand. According to a Wirefly survey, nearly 70% of consumers were more likely to follow-through with an online order thanks to the exclusive holiday deals. With nearly half of Wirefly’s customers saying that they shop at least a couple of times a month online, and Cyber Monday smartphone sales on Wirefly up 190% over the past year, the 2007 holiday shopping season should set a record for the busiest online shopping season in years.

“This year’s holiday season is going to be strong, driven largely by consumer demand for mega-pixel camera phones, music phones and new cutting-edge phones that pair style with function. More and more, people want to use one device for multiple wireless applications,” said Wirefly’s President Brian Westrick. “With millions more customers going online this year for their holiday shopping needs, we are excited to offer them our annual holiday gift guide for the hottest cell phones and wireless devices this season.”

For this year’s gift guide, Wirefly identified three categories as the driving force behind a surge of customer interest this holiday season - the latest cutting-edge and eye-catching cell phones, music-intensive handsets and powerful smartphones (in no particular order):

Cutting-Edge Style Phones

1. HTC Touch
2. Samsung i730
3. HTC Tilt
4. Motorola RAZR2
5. LG VX9400

Smartphones

1. HTC Tilt
2. BlackBerry Curve
3. Palm Centro
4. BlackBerry Pearl
5. Motorola Q9

Music Phones

1. LG Chocolate II
2. Samsung Upstage
3. Nokia XpressMusic 5300
4. Samsung SYNC a707
5. Sony Ericsson W580i

Wirefly.com has become a bellwether for consumer trends in wireless, as millions of people have purchased cell phones and rate plans through Wirefly since its launch in 2003. With that many shoppers, Wirefly has great insight into the hottest trends and more importantly, consumer buying behavior in the wireless market today.

About Wirefly
Wirefly (www.wirefly.com) is an online leader in one-stop comparison shopping for cell phones, wireless service plans and wireless accessories. Wirefly is an authorized dealer for every major cellular carrier, including AT&T Wireless, Verizon Wireless, T-Mobile and Sprint. Wirefly also offers discounts and services not available in retail wireless stores, including real-time online order status and tracking, and the guaranteed lowest price – online or anywhere else -- on cell phone devices from Motorola, Nokia, Samsung, LG, BlackBerry and many other cell phone handset manufacturers. Wirefly.com has been named Best of the Web by Forbes magazine as the “best all-around number portability portal” and “Best in Overall Customer Experience” by Keynote Performance Systems. For more information on Wirefly, its wireless products and its services, visit www.wirefly.com.

Forward Looking Statement
"Safe Harbor" Statement - Under the Private Securities Litigation Reform Act of 1995, this press release may contain forward-looking statements that involve risks and uncertainties. Important factors, which could cause actual operating results to differ materially from those in the forward-looking statements, are detailed in filings with the Securities and Exchange Commission made from time to time by the Company. This press release and statements are current as of the date of the individual announcements and the Company undertakes no obligation to publicly release any revisions to any forward-looking statement to reflect events or circumstances after the date thereof or to reflect the occurrence of unanticipated events.


alert mods    

Inphonic bankruptcy filing pdf 721 KB

Highlights from the document:
Name of Debtor:
InPhonic, Inc.

All Other Names used by the Debtor in the last 8 years:
See Schedule Attached

-from attached schedule:
All Other Names used by the Debtor in the last 8 years:
dba Cellularchoices.net
dba JoeMobile.com
dba Intelenetwireless.com
dba Point.com
dba InPhonic.com
dba Wirefly.com
dba WireflyMobile.com
dba Wireflyfriendsandfamily.com
dba Cellularbuys.com
dba Wirefly.net
dba Wirefly.org
dba MobilePro.com

List last 4 digits of Social Security No./Complete EIN ...
52-2199384

Street Address of Debtor:
1010 Wisconsin Avenue NW
Suite 600
Washington, DC 20007

Estimated number of Creditors:
10,001- 25,000

Estimated Assets:
More than $100 Million

Estimated Liabilities:
More than $100 Million

Total Assets: $120,916,990.76
Total debts: $179,402,834.28


NOTICE WIREFLY IS INCLUDED...
SLAM AWAY ON ANY POST LISTING THESE COMPANIES BECAUSE YOU'RE NEVER GOING TO SEE A CENT OF YOUR REBATE.

Just for jollies, you can try calling (866) 607-9877 and see they can't even get the website for reorganization information right!


alert mods    

Great info! It's hard to believe I still see Wirefly listed as an authorized retailer on ATT website.


alert mods    

I'm in the same situation. This company is the most frustrating that I've ever dealt with.


alert mods    

Any updates? I haven't heard a peep.


alert mods    

sbkim said:Any updates? I haven't heard a peep.

yeah...even the reorganizations site is down


HTTP/1.1 404 Not Found
ORIGIN HOST: 24.252.204.99
TARGET HOST: corp.InPhonic.com
TARGET PAGE: /pages/reorg.html
--------------------------------------------------------------------------------
Copyright © 2001-2008 UltraDNS Corporation
All Rights Reserved

anyone got the ex-ceo's street address?


alert mods    

Inphonic_Bankruptcy_Claim_Form_from_bms_site.pdf 80KB
Inphonic_Bankruptcy_Claim_Form_from_bms_site.pdf 80KB

Inphonic_Bankruptcy_Voluntary_Petition.pdf 738KB
Inphonic_Bankruptcy_Voluntary_Petition.pdf 738KB


alert mods    

From: "Simplexity" <newsletter@simplexity-news.com>
Yahoo! DomainKeys has confirmed that this message was sent by simplexity-news.com.
To: xxxxxxx
Subject: A Message from Simplexity
Date: Fri, 15 Feb 2008 17:24:44 -0500
Dear ROBERT xxxxxx,

We are writing to let you know that Simplexity recently purchased certain assets of InPhonic, Inc., including the Wirefly.com website.


The Wirefly cell phone store has been known for years as the internet's premier destination for cell phones and wireless plans. Now, Simplexity has invested in re-launching Wirefly, with new comparison tools, better availability of the latest cell phones, and no complicated rebates.


Our records show that you may have been among those who were adversely impacted when InPhonic, Inc., the prior owner of the Wirefly.com website, filed for protection under Chapter 11 of the U.S. Bankruptcy Code. While we cannot reverse the past, we hope that you will consider shopping at the new Wirefly.com {lol} website again in the future, and, to encourage you to visit, we would like to extend this offer to you.


This coupon may be used to receive up to $100 off any single item in your shopping cart at wirefly.com. The coupon code below will be requested during checkout. If you purchase multiple items in the same order, the discount will be taken from the most expensive item up to the coupon amount.


Coupon Code: xxxxxxxxxxxxxxxx


This coupon is unique to you, and may be used at wirefly.com through May 1, 2008. Please know that we appreciate your past business, and we hope to see you again soon at wirefly.com.


If you have any questions concerning this offer, please contact us via email at inquiry@simplexity.com.


Sincerely,

Your Friends at Simplexity


alert mods    

Rebate Creditors Information

See above if your name is listed as a rebate creditor.

Now, what do we have to do?


alert mods    

thanessit said:Rebate Creditors Information

See above if your name is listed as a rebate creditor.

Now, what do we have to do?

Not sure, but my name is NOT in the list.
I'm filing to the address on this website http://www.bmcgroup.com/restructuring/geninfo.aspx?ClientID=137
SN LIQUIDATION INC F/K/A InPhonic INC



Sale Order view here
Schedules and SOFAs view here
Order Changing Debtors' Name and Caption view here

InPhonic Signs Purchase Agreement with Versa Capital and Files Voluntary Petition for Chapter 11 to Facilitate Transaction - Announces Sale to Versa Capital - Secures DIP Financing - Business as Usual for Customers and Partners

Rebate Creditors Information view here

Case data will be posted as it becomes available

Chapter:
11


Filing Date:
11/08/2007


Primary Case Docket #:
07-11666-KG


Total Related Debtors:
8 Click here to view voluntary petitions


Court:
United States Bankruptcy Court, District of Delaware


Judge:
The Honorable Kevin Gross


Court Docket:
Click here to view and search the court docket. To search by docket number, date, or description go to the court docket, then pick a field to search in the Advanced Search box at the top of the page.


Debtor's Address:

SN Liquidation, Inc., et al. f/k/a InPhonic, Inc., et al.

1010 Wisconsin Avenue
Suite 600
Washington, DC 20007




Where to Send Claims:

Originals of completed proof of claim forms must be sent by mail or hand delivered (FAXES NOT ACCEPTED)

By regular US mail:
SN Liquidation, Inc., et al. f/k/a InPhonic, Inc., et al.
c/o BMC Group
P.O. Box 978
El Segundo, CA 90245-0978

By messenger or overnight courier:
SN Liquidation, Inc., et al. f/k/a InPhonic, Inc., et al.
c/o BMC Group
1330 E. Franklin Ave.
El Segundo, CA 90245

Claim form for the District of Delaware (download Proof of Claim form here)


General Bar Date:

March 21, 2008 at 4:00 p.m. EST Bar Date Order Bar Date Notice


Governmental Bar Date:
May 6. 2008 at 4:00 p.m. EST


Administrative Expense Bar Date:
TBD


United States Trustee:
United States Trustee
844 King Street, Suite 2207
Lockbox 35
Wilmington, DE 19899-0035



Attorneys for Debtors:
DLA Piper, LLC
Thomas R. Califano
Jeremy R. Johnson
1251 Avenue of the Americas
New York, New York 10020-1104
T: (212) 335-4500
F: (212) 335-4501

Bayard Firm P.A.
Neil Glassman, Esq.
Eric M. Sutty, Esq.
Mary E. Augustine, Esq.
222 Delaware Ave, Suite 900
P.O. Box 25130
Wilmington, DE 19899

T: (302) 655-5000

F: (302) 658-6395




Proposed Counsel for Committee of Unsecured Creditors:
Reed Smith, LLP
Kurt F. Gwynne
1201 N. Market St, Suite 1500
Wilmington, DE 19801
T: (302) 778-7500
F: (302) 778-7575

Reed Smith, LLP
Robert P. Simons, Esq.
435 Sixth Ave.
Pittsburgh, PA 15219

T: (412) 288-3131

F: (412) 288-3063




Hearings and Agenda Notices:
Next Scheduled Hearing:
February 26, 2008
3:00 P.M. EST
Hearing Agenda TBF
US Bankruptcy Court, District of Delaware
824 Market Street, 3rd Floor, Courtroom 3
Wilmington, DE 19801

OMNIBUS HEARING DATES





Important Documents:
A. Petitions/First Day Motions


--------------------------------------------------------------------------------

Petitions
First Day Motions and Orders
B. Notice of Commencement
--------------------------------------------------------------------------------

Notice of Commencement

C. Schedules of Assets & Liabilities and Statements of Affairs

--------------------------------------------------------------------------------

Schedules of Assets & Liabilities and Statements of Affairs


D. Sale Documents
--------------------------------------------------------------------------------
For information about the sale, contact:
GOLDSMITH LAZARD
Andrew Torgove
(atorgove@agio.com) 212-418-3211
Jason Cohen
(jcohen@agio.com) 212-418-3228
11 West 42nd Street Twenty-Ninth Floor
New York, NY 10036
DLA Piper, LLP
Thomas Califano
(thomas.califano@dlapiper.com) 212-335-4990
Jeremy R. Johnson
(jeremy.johnson@dlapiper.com) 212-335-4762
1251 Avenue of the Americas
New York, NY 10020-1104


Notice of Auction and Sale
Sale Motion
Asset Purchase Agreement
Schedules to Asset Purchase Agreement


alert mods    

I have my name on the above rebate list. What should i be doing?


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