Photopoint as the Grinch--A nasty picture is developing
Pantellic Corp., dba as "Photopointcom" and "Photopoint" has pulled a nasty trick this Christmas that would even do proud for the Grinch. By now, everyone should be aware that the site has closed--perhaps indefinitely--leaving irate and aggravated customers to sulk and wonder if it will ever open again. Had I known that this internet website had been closed in July and reopened, I never would forked over $30 last November. Not only that, but they are a company doing business out of the very unlikely spot of Halifax, Nova Scotia, in Canada, which also lists a San Francisco address: Photopoint Corp. 250 Montgomery Street, Floor-16, San Francisco, CA 94104.
A CNET online news report states that photopoint was "struggling with debt", but instead of filing for bankruptcy, the company did an assignment of the benefit of creditors, making Sherwood Partners responsible to sell its assets. Here is an explanation on their website what they do for clients like Pantellic Corp:
Resolving Financial and Operational Challenges
Sherwood Partners, Inc. is a business advisory firm specializing in crisis management, debt placement and equity placement, creditor negotiations, operations, asset liquidation, Assignments for the Benefit of Creditors, Court Appointed Receivers and Creditor Negotiations. We help resolve financial and operational challenges.
Since we are "creditors" who paid money for a service, and Sherwood Partners handles "creditor negotiations" I would advise all out there to contact them directly:
Sherwood Partners Inc., 1849 Sawtelle Blvd. Suite 543
Los Angels, CA 90025
Phone: (310) 477-8990 ext. 221
Fax: (310) 477-8402 e-mail: info@shrwood.com
Since Sherwood Partners, Inc. has elected to handle the business affairs and "debt placement" affairs of Pantellic Corp. and Photopoint, let's let them know that they have a problem on their hands that will not go away. Demand an explanation. I hope this information can be of some assistance to those out there, although I wouldn't expect to get your pictures back.
Click here to read other Rip-off Reports on Photopoint