Got an email at work today because we supply Icecap ballasts through our machine vision systems which are the same ballasts we all use, the 430's and 660's and the email says they are stopping operations. here is the email:


"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 *********. Please allow 48 hours for a response depending on the e-mail volume. Thank you!

Again, my apologies for the situation.

Regards,
*****
IceCap, Inc."

This is terrible!

*I starred out the mans name and email so he does not get spammed.**