IceCap update

[masterswimmer]

Saltwater Critters want's to extend our best wishes and best of luck to IceCap in these troubling times.

Dear Valued Customer,

First, I would like to extend a Happy Holidays and Merry Christmas to you, your family, and employees. I know this comes somewhat bitter sweet as many of you have attempted recently to contact IceCap, Inc. with little to no success. For that I am truly sorry.

IceCap, Inc. has been around for about 20 years and many of you have been dedicated and loyal customers of IceCap, Inc. through the ups and downs over the years. Unfortunately, we finally hit a trough in our business cycle due to several factors that impaired this business to the point where we could not and can not recover. Therefore, by the direction of the IceCap, Inc. Board of Directors we have suspended operations.

What this means is we are aggressively and actively seeking opportunities to keep the IceCap brand viable in the markets and with the customers we have served over the past 20 years. In doing so, we expect to bring closure to this process within 60 days and plan to align the new management team, investors, and/or owners with our valued customers in hopes this continuation of business and the relationship with the IceCap brand will mitigate the effects of recent events.

In the interim, please direct all inquiries to [email protected]. Please allow 48 hours for a response depending on the e-mail volume. Thank you!

Again, my apologies for the situation.

Regards,
Chuck Troiani
IceCap, Inc.

 

[InfernoST]

That sucks. I hope they can work things out.

Wall Street strikes again

 

[bizzarro]

That sucks. I hope they can work things out.

Wall Street strikes again

They were just too late in the game to introduce new products like fixtures and bulbs. Before that all I see them selling was ballasts for DIY. They should have went this route when their products were popular not just this past year to release bulbs and fixtures in a market that's even more crowded now.

 

[TRUKINGNY]

I have there all in one light and I love it customer service is great sucks to hear this


Sent from my iPhone using Reefs

 

[Chongpark27]

I hope everything works out

 

[JARRETT SHARK]

well i sent something to get fixed and it sucked, took 5 phone calls and know it makes sence why, i hate to see this with anyone but wall street is a factor

 

[prattreef]

Serious mismanagement of a once great company.

 

[pecan2phat]

Andy sold the company correct?

 

[prattreef]

Andy sold the company correct?

No Warren, Andy never owned the company well maybe a piece of it, but he was the President. When the owners sold it and removed Andy the writing was on the wall even though it took a few years.

 

[JimmyR1rider]

Well that sucks I have 2 badd ballasts of theirs that I guess if they ever get back up Ill send in,but in the interim-anyone need a couple of heavy, sturdy built door chocks?