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This information, is brought to you by Absolute Air Cleaners and Purifiers Inc. |
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Almost every week our company picks up a dozen or so NEW customers that have purchased and returned the Ionic Breeze air purifier from Sharper Image. The infomercial that Sharper Image puts out looks very nice and portrays the Ionic Breeze as a wonder machine! That infomercial sells thousands of them! The Real Truth About The Ionic Breeze Is Quite Different! The Ionic Breeze is quiet indeed. This is because the unit has no fan to exchange and filter the DIRTY air in the room through the machine in order to remove it from your indoor environment. The Ionic Breeze can only remove a very small amount of particles onto its thin-narrow collector plate that is attached to the unit. This collector plate can only attract particles from a distance of approximately 1/8 of an inch away! If the collector plate is dirty, the plate is not able to keep collecting particles onto it. Then its function ceases all together! The dust, smoke, pollen, dander, Dust-Mite allergen and other allergens that are just a very short distance away from the collector plate will continue to float airborne for you to breathe! Nor does the Ionic Breeze cause smoke and allergens to drop out of the air and away from your breathing environment! The Ionic Breeze Air Purifiers Produce Ozone! Ozone can be an irritant and a real problem for people with Asthma & other Lung Diseases! Smokers have complained over and over again that the Tar and Nicotine that does attach to the collector plate is very hard to remove! This report is for our customers benefit and not to bad mouth Sharper Image! Sharper Image has many quality and fun products! We just feel that The Ionic Breeze Air Purifier is not one of them! Please read the product information in this website and feel free to call us Toll Free anytime with your questions about our Top Quality Air Cleaners, Air Purifiers and allergy Products. | |||||||||
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On February 20, 2008 |
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NEW YORK (Reuters) - Retailer Sharper Image Corp has filed for Chapter 11 bankruptcy protection, citing declining sales, three straight years of losses and litigation involving its Ionic Breeze air purifiers. The San Francisco-based company filed for protection late Tuesday in U.S. bankruptcy court in Wilmington, Delaware. Sharper Image said it had $251.5 million in assets and $199 million in debt as of January 31, according to the filing. Cash on hand totaled about $700,000. Its shares plunged 92 cents, or 64 percent, to 52 cents on Nasdaq. "Sharper Image is in a severe liquidity crisis," Chief Financial Officer Rebecca Roedell said in a separate filing. She said the company has suffered from increased competition, narrowing margins, litigation, lower consumer and market confidence, tighter credit from suppliers, and poorly performing stores. "The foregoing has been compounded by the ever-tightening and volatile credit and financing markets," she added. Sharper Image has seen its sales decline steadily since 2004, and has posted net losses in fiscal 2005, 2006, and 2007. According to court papers, the electronics retailer also cited "negative publicity" from the litigation involving its Ionic Breeze air purifiers for its falling revenues. In October, a federal court denied approval of a settlement of class-action suits related to the efficacy of the air purifiers. The product was sold to 3 million consumers, according to a previous filing. Following the ruling, Sharper Image's stock fell 18 percent, weakening support from suppliers and choking working capital as creditors tightened or withdrew credit terms, according to court documents. The company deals with about 650 vendors and suppliers on a credit basis, many of whom began to request cash upon delivery, according to court papers. Sharper Image is seeking a $60 million loan arranged by Wells Fargo Retail Finance LLC to keep operating, according to the court papers. The company said in a separate filing it replaced Chief Executive Steven Lightman with Robert Conway on February 14. (Reporting by Jonathan Stempel and Justin Grant; editing by Jeffrey Benkoe) All text from the article has been preserved. To see the article in its original format on Reuters.com, click here. A great resource for your HEPA air cleaner / air purifier needs can be found at http://www.aircleaners.com/ This report is 100% free and you are welcome to reprint it on your website to share with your readers as long as you include the resource information links to the website{s} shown above. |
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