Either way, we will also later be putting out information on the financials and challenges we faced that we were unable to openly discuss before. If nothing does, then we will be pushing out as much as we can, and open-sourcing and releasing all our designs and code. Please stay tuned - we will keep you up-to-date on this front in the coming month, and very much hope to see a silver lining come out of it. However, we are currently having conversations with several other parties to see if we can’t create a situation where your pledges are still honored and you guys get something for all your support of this project. The vast majority of the funds have been spent on development and inventory, and we will most likely be unable to offer refunds. Thank you for believing in us - we are very sorry to disappoint. Your support and expertise was invaluable, and we wouldn’t have gotten nearly as far as we did without everyone’s support and advice. However we want you to know that you have been incredible backers, and it has been an absolute honor to be working on your behalf and have you guys behind us. We deeply regret that it’s coming to an end in this way, especially given how painfully close we are to completion. We have poured 3+ years of our lives and all our personal savings into ZPM, because we believed - and still do - that there is a huge need in the market for what we’re doing, and that we’ve made an amazing product that can get the job done. It was an incredibly difficult choice to make, given the funds, effort, and time put into the company. While we’ve looked into several other financing options, after serious consideration, we reached the decision to shut the company down. Even though they were very supportive, at the end of the day, we were not able to get a big enough bridge round together to move forward. We explored our legal options, started a search for a new team, and reached out to our existing investors to get a bridge round together. This halted the progress the company was making, and left us reeling. At the beginning of December our COO informed us that, effective immediately and with no notice, she would be leaving the company and taking most of our team with her. Unfortunately we do not have good news to report.
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