Lily Robotics were forced into liquidation after funds ran dry during their attempt to deliver on their pre-order drone project. Months later and with refunds still pending, DroningON have just interviewed investment bankers ‘DAK Group‘, responsible for recovery of funds on behalf of unsecured creditors including pre-order customers. Continue reading Interview With DAK Group For Lily Robotics Unsecured Creditors Committee
About to exceed $1m in funding via over 8,000 backers and selling for only $99 with an under-par specification, SelFly is very likely to be the next Zano. A message to KickStarter backers, request a refund whilst you still can. Continue reading SelFly Drone Reaches $1m In Funding, The Next Zano?
Lily, whom despite raising millions in dollars to build their highly anticipated consumer drone, have just filed for bankrupcy. Continue reading Lily File For Bankruptcy Whilst Customers Remain Apprehensive About Refunds
Following the downfall of Lily last week, drone pre-order projects are under pressure to deliver. We have reported on our concerns with Staaker in the past, but the company have also discreetly delayed their shipping date from December 2015 until May 2016. Continue reading Staaker Discreetly Delay Shipping And Clarify Customer Fund Protection
Following our prediction for Lily’s downfall three days before they shut their doors, it has emerged that the company has been investigated for months on the charge of misleading consumers through false-advertising. DroningON has been contacted as part of the investigation.