Here is a copy/paste
August 28, 2019
Via electronic mail
Dear Leeo Customer
Our apologies for the impersonal nature of this email, and most especially for the news it contains.
Leeo is running out of money. It takes money to run the Smart Alert network. Except for our ‘loud noise’ feature subscribers, the network has been operated and maintained by the company at no cost to Smart Alert customers.
We are seeking a buyer for our assets, and as part of that process hope to find a buyer who will keep the Smart Alert network up and running. If we find such a buyer, your service may continue and if it does, it will be according to new terms of service set by the new owner.
If we cannot find a buyer with an interest in maintaining the Smart Alert network, we will have no choice but to shut the Smart Alert network down as we wind down the operations of the company.
Just in case we don’t succeed in finding a buyer, this will serve as advance notice of the possible shutdown of the Smart Alert network.
Presently we expect to have enough money to continue to run the Smart Alert network through September 30, 2019. We plan to send another update to you before September 30, 2019.
Unfortunately, if the Smart Alert Network is shut down, your Leeo Smart Alert will no longer function with the iOS/Android app. The apps must have the network to function. We expect the color of your Smart Alert to turn white. You will still be able to physically adjust the light level via the ring on the device. But you will not receive alerts on your phone, and you will not be able to control the device with your phone as the apps will no longer be networked to your device.
We are grateful for the opportunity we’ve had to serve you and are glad we could help keep you and those you care about more safe and secure.
Because safety is important, we want you to prepare for the possibility of a shutdown. If you have any questions or concerns, email us at support@leeo.com and we’ll do our best to reply.
Thank you for your support over these past five years.
Johnson and Jon
CEO and Chairman
Johnson Agogbua
Jon Castor
cc: Jessica G. McKinlay, Dorsey & Whitney LLP
Copyright © 2019 Leeo, Inc. All rights reserved.