Commodore.ca: The PET, VIC, 128, 64 & More Forum

http://pinksheets.com/pink/quote/quote.jsp?symbol=cdrl
Commodore International Corporation Changed Its Company Name to Reunite Investments, Inc.

LAGUNA WOODS, CA, Jun 24, 2009 (MARKETWIRE via COMTEX) -- Reunite Investments, Inc. (the Company) (PINKSHEETS: CDRL) announced today that it has changed its company name with immediate effect. The Company was formerly known as Commodore International Corporation.
The change of the company name was required as a result of the arrangements the Company concluded in connection with the sale of the majority of the shares in the capital stock of its subsidiary Commodore International B.V. in The Netherlands in September 2008.

The company name of Yeahronimo Media Ventures Inc. (YMV), registered in the State of Delaware, remains unchanged. YMV is one of the Company's subsidiaries, formerly acting in The Netherlands under the trade name Commodore International Corporation.

About Reunite Investments Inc.

Amongst other assets, the Company holds a material interest in the capital stock of the trading name of CIC Europe Holding B.V., a Dutch legal entity with limited liability and acting under the trade name Commodore Consumer Electronics (CCE). CCE is a Dutch operation intentionally engaged in exploiting and marketing the trademark "Commodore." CCE holds the exclusive rights for making use of intellectual property rights of the trademark "Commodore" in connection with Consumer Electronics products and related services and furthermore sub-license these rights to its affiliates and third parties.
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Reunite Investments, Inc. closed at $0.05 Wednesday, trading 7,500 shares.

Company News- June 24, 2009: Commodore International Corporation Changed Its Company Name to Reunite Investments, Inc.

Reunite Investments, Inc. (PINKSHEETS: CDRL) announced yesterday that it has changed its company name with immediate effect.

To read the full news release, go to http://www.stockprofiler.us, click the Headline Tab, enter the ticker symbol and click the news link.

About Reunite Investments Inc.

Amongst other assets, the Company holds a material interest in the capital stock of the trading name of CIC Europe Holding B.V., a Dutch legal entity with limited liability and acting under the trade name Commodore Consumer Electronics (CCE). CCE is a Dutch operation intentionally engaged in exploiting and marketing the trademark "Commodore." CCE holds the exclusive rights for making use of intellectual property rights of the trademark "Commodore" in connection with Consumer Electronics products and related services and furthermore sub-license these rights to its affiliates and third parties.

Tulip / Nedfield (Commodore's major owner) looks like it just started Bankruptcy proceedings:

http://nedfield.com/Default.aspx?cms=6&cat=2&art=225

Taking in consideration the scope of the recent developments within the Nedfield Group, Nedfield NV (The Company) convenes an extraordinary meeting of shareholders, which is scheduled for the 30th of June 2009. During this shareholders meeting The Company would like to present its financial situation and strategy to the shareholders, ask approval to publish the annual report at a later date and also ask approval to postpone the annual General Meeting of the Shareholders.

Request for extension
During 2009 many changes and developments occurred within the Nedfield Group such as the bankruptcy of Nedfield’s subsidiary Tulip Beteiligungs GmbH and the more recent events at 2L International BV. The company communicated about these occurrences in recent press releases.

Moreover, the company is of the opinion that it already lost the actual control over some of its previous German subsidiaries in 2008. ... The temporary suspension of payment of 2L International BV as of the 4th of June and the potential new consequences for Nedfield surrounding this event prevented Nedfield to produce the annual accounts within the timeframe set by law and the by the AFM, whom by appointment granted to report the annual figures latest 15 June 2009.

...
Sale of assets
As mentioned in previous press releases communicated by Nedfield, The Company is investigating the possibilities to, either in whole of in parts, to sell some of its business segments and/or other assets. The potential income generated by the before mentioned sale of assets will be utilized, amongst others, to redeem financing facilities and creditors. At this moment The Company cannot estimate how much will be left of the generated income after repaying its debts. In order to create maximum flexibility to negotiate with external parties as well as to be able to act quickly when the various opportunities occur, upfront approval will be requested from the shareholders to accommodate the sale of assets.

Both http://www.commodoreworld.com and http://www.commodorecorp.com are dead and there is no new website for "Reunite Investments" .

... another one bites the dust?

http://www.CommodoreWorld.com is back up and running but the there is no way to buy C= products and the support site shows:

Phone: 800-790-6206
Customer Service Hours: 24/7

so I phoned it and got:

Thank you for calling Commodore (wait wait wait) There is no one available to take your call, good bye
nice!

Recently, Nedfield Investments Inc. and REUNITE INVESTMENTS. reach agreement on takeover interest in Commodore International BV

Do you have a link to a press release on this "take over"/investment?