HR has been confirmed to be running away like crazy! The following content is automatically invalid!
At noon on the 26th local time in the United States and in the early morning of the 27th Beijing time, I received a price increase notification email from HostRail (hereinafter referred to as HR). It seems that HR is about to be abandoned by the Chinese people. The following is the original text of the price increase:
I am Constantinos Coudounaris, Chief Executive Officer of HostRail. I have some unfortunate news to announce tonight.
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On Friday 24th June 2011 our Providers have informed us of a 60% upcoming price increase that is taking effect from the 28th June 2011, this was an extremely short notice for us and completely unexpected – as small of a short notice as it was we had to take action immediately in order to be able to continue providing service to our clients, i have had meetings with every single HostRail Staff Member as we needed to take a decision and we have taken our decision which is provided below.
Due to the current economic crisis that is affecting all companies in the planet we are unable to deal with this 60% price increase using our currently approved budget for 2011 and we are unable to approve a further budget for 2011 at the current stage, this means that we will be forced to pass on this 60% price increase to all clients as of tomorrow evening. Tomorrow evening we will be sending Invoices to every single customer with the 60% price increase, unfortunately this price increase will have to be paid by Tuesday morning so we can cover the 60% price increase our providers are asking.
We have tried all possible alternatives and solutions however the only solution is to pass this price increase in full to our customers, this is not something i want to do, this is not something i like to do, this is something that i have fought for 2 days now to try to avoid at all costs however its not on my hands anymore so i am unable to do something more.
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IMPORTANT NOTE
For the customers that will not be able to pay this 60% price increase i recommend that you proceed to the immediate cancellation of your services as we will be suspending all Services on Tuesday morning that have not paid this price increase. I should clear that this price increase willl be applied to all of our customers, even to customers that have ordered their service today.
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I apologize in advance for any inconvenience this may cause however i am unable to do anything and the people that know me personally know that i have given a large battle to try to cover up this price increase myself but this was impossible.
There is a large article mentioned above, but the general content is actually relatively clear: On June 24, HR received a notice from the service provider that prices would be increased by 60% starting from the 28th. After discussing the sudden news, HR decided to 60% of the price increase is passed on to users. Bills with a price increase of 60% will be sent to users, including old users, at most tonight, and they must be paid before Tuesday, otherwise the VPS will be suspended. OVER~
In fact, the hard drive and CPU frequency of HR's VPS cup are still very acceptable based on the previous price. However, after the price is increased by 60%, how many people will continue to use HR? I think there won’t be many left!
