TravelZoo Still Willing To Pay For Gimmick Shares
from the odd dept
Earlier this year we noted that many, many people appeared to have completely forgotten that they had signed up with TravelZoo during the bubble. Travelzoo’s initial gimmick to get users is that they gave you free shares in the company for signing up. It appeared that most people assumed, like so many bubble-era gimmicks, that the company behind it simply faded away. However, the company survived, and the stock actually has done quite well. The only problem was that those who owned shares were supposed to make a claim by April. However, after that news came out, some people got upset that they missed the deadline and (amazingly) Travelzoo decided to honor those requests, saying they would pay out in cash what the shares were worth… and yet still most people have completely ignored the offer, which can be worth somewhere between $500 to $1600 for an awful lot of people.