Then, like one of the evil undead, TrueSAN was briefly resurrected. The company's VCs hired Mark Hoover, president of consulting firm Acuitive Inc., as interim CEO. Obviously, however, Hoover & Co. were unable to salvage whatever was left of TrueSAN (see Source: CNT Nixed TrueSAN Bid).
In its Chapter 7 filing, TrueSAN includes on its list of creditors Acuitive, Brocade Communications Systems Inc. (Nasdaq: BRCD), Finisar, Gartner Inc., IBM Corp. (NYSE: IBM), LSI Logic Corp. (NYSE: LSI), Network Appliance Inc. (Nasdaq: NTAP), TechTarget.com, and a number of individuals -- including Isakovich.
TrueSAN listed liabilities of $5.56 million in its filing, according to Al Flor, an attorney with Wendel, Rosen, Black & Dean LLP, a law firm in Oakland, Calif., that is representing the company.
But there may be yet another postscript to this story: The domain name truesan.com is once again registered in Isakovich's name. No word, yet, on when TrueSAN V: The Revenge, could be making its premiere.
Todd Spangler, US Editor, Byte and Switch
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