Pleo creator Ugobe files for bankruptcy

Awww, poor Pleo. Looks like he might be going the way of his friends very shortly, as the company that makes him has filed for bankruptcy and laid off all its employees.

It's been on the cards for a while, as suppliers have filed lawsuits against the company for non-payment and the company's website has been going down on a regular basis. It's possible that the lovable dino will be saved by another toy company, especially as it's such a powerful brand, but don't get your hopes up too much.

(via Engadget)

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