I mentioned recently that Tralliance, who run the .travel registry, were in financial difficulty.
According to a statement from Tralliance that recently appeared on CircleID the company has received extra funding from Dancing Bear Investments, Inc.
As far as press releases / statements go this one is a classic. It’s so ambiguous you’d have to wonder why they even bothered releasing it.
Did they get 100 dollars or 100 million dollars?
There is, of course, the usual affirmation in the product / service on offer:
According to Ed Cespedes, theglobe.com’s President, “the agreement with Dancing Bear Investments demonstrates Mr. Egan’s continuing commitment to theglobe.com, which now consists mainly of our Tralliance operations. We continue to believe in Tralliance and the .travel top level domain.”
Is this a temporary respite or will they be able to turn the company around?