ISLAND INK-JET SHUTS DOWN ….OUT OF BUSINESS !!!

http://www.canada.com/Island+business/1983796/story.html
ISLAND INK-JET SHUTS DOWN ….OUT OF BUSINESS !
The Courtenay operations of Island Ink-Jet are no more.
Company
CEO Carey Porcher has shut down all operations of the company
headquarters.Independent franchisees will continue to run using inks
from other suppliers.Porcher said the company has been losing money
since it lost 100 US locations three years ago.It has also had a fall
out with a former president, who now runs his own company Island
Ink-Jet and Toner, and has lost loyalty from some of the franchisees,
said Porcher.”He took some of them with him,” said Porcher.Head office
also paid Wal-Mart rents directly, leaving it in a lurch when royalties
and rents stopped coming in from those outlets, said Porcher.

The company had less than a dozen employees in Courtenay when it closed its doors.
At
one point it had more 260 locations and employed as many as 75 people
locally.The company was formed in 1999 when Porcher and Rob Dixon began
filling ink cartridges out of a garage. It set up its corporate head
offices in downtown Courtenay until last year, when it moved all its
operations to the home of its assembly plant on Puntledge Road.Dixon
will continue refilling cartridges out of a McPhee Avenue location
beginning Oct. 1.

http://www.bclocalnews.com/bc_thompson_nicola/kamloopsthisweek/business/59364387.html
Inky’s will remain in Sahali Centre Mall
The
ink hasn’t dried yet on one Kamloops company.Though the Island Ink-Jet
franchise has called it quits, the owner-operator of the store in the
Sahali Centre Mall is staying in business — albeit with a different
name.

Inky’s Quality Ink and Toner will now replace Island Ink-Jet.
Owner
Harold Sartorius is distancing himself from the founder of the Ink-Jet
franchise and expanding his business.“We’re going to be bigger and
better,” he told KTW.The new Inky’s will continue to refill cartridges
as it has always done, but it will also offer an increased product
line, along with a full line of toner cartridges — something the
company didn’t have in the past.Last week, Island Ink-Jet’s CEO Carey
Porcher sent out a press release stating the company was closing its
doors due to “declining monthly revenues.”But that’s not the case for
Sartorius’ operation.

He said business has been fabulous.
“We
have a great client base here . . . we have a great bunch of customers
that come to see us and we try to improve our service all the time,” he
said.After seven years in the Sahali Centre Mall, Sartorius said he has
no intention of moving the business from its current location.

http://www.bclocalnews.com/vancouver_island_north/comoxvalleyrecord/business/58665997.html
Island Ink-Jet out of business
Ink has run out for local company
After
what founder Carey Porcher describes as a three-year battle of
declining monthly revenues, triggered by the closing of 100 locations
in the U.S., Island Ink Jet is closing.“This is a sad day, as we will
all be seeking new employment for Oct. 1,” Porcher says in a news
release.In a separate e-mail, he cites “declining monthly revenues of
$200,000 and growing” and a royalty decline of 82 per cent during the
past 12 months.

CEO Porcher launched the Island Ink Jet
franchise with Courtenay resident Rob Dixon in 1999 as a two-man
operation refilling ink cartridges in a garage. Within a few years,
Island Ink Jet exploded as one of the fastest-growing franchises in the
world, Porcher noted.Island Ink Jet Corporate supplied ink to over 260
locations worldwide and employed as many as 75 people here in the
Valley, he adds.  

Until last week, Island Ink Jet remained
Canada’s No. 1 refiller, having achieved system-wide sales exceeding
$130 million in its 10 years in the Comox Valley. Island Ink Jet
boasted of saving 10 million cartridges from entering the landfills,
Porcher adds.  “There were many unforgettable experiences like
(Vancouver Island North Liberal candidate) Noor Ahmed walking by for a
visit to Corporate office to introduce Canada’s Prime Minister Paul
Martin,” says Porcher.

Island Ink Jet operated in Walmarts
throughout Canada and Mexico for almost seven years.A few key staff
will remain at IIJ until Sept. 15 selling all remaining IIJ inks and
supplies on a Visa or by certified cheque to compliant franchisees
basis only.