Co-founder of Unbound and Boundless John Mitchinson said he is “more sorry than words can say” in a statement about his resignation from the company after months of financial turmoil and criticism over unpaid debts. Mitchinson explained that he completely severed ties with the company because of “the revelation last week that the investment money we had been promised in May was going to fall substantially short,” so the company could not fulfill its planned payments of monies owed to authors from prior to the bankruptcy sales. (This is a new explanation for the abrupt change in plans.) Seven other […]
