It appears Kublax may well have found a way to make the technology live on even though this is unlikely to show its shareholders much of a return as they indicate in a note to their customers today. Good luck to them.
“Dear Kublax users and friends, We are very happy to report that we are currently in advanced discussions with a UK based consumer finance website, SimplyFinance, to find a way to keep the Kublax site up and running.
As a result, our service will not shut down today as we had initially feared, and we will be working very closely with SimplyFinance to arrive at a long term solution which will allow us to keep the Kublax site and services available to you indefinitely.
We will give you a further update on Monday.
Tom & Sridhar”