According to The Unofficial Apple Weblog, the Floridian start-up sent out an e-mail to subscribers saying, among other things:
As you all may already be aware in late May, Psystar filed for Chapter 11 protection. Although this was critical to our continued daily operations, we now are ready to emerge and again battle Goliath.
More information will be available in the coming days when we will be formally discharged by the Bankruptcy court.
When life gives you apples, make applesauce.
David's latest weapon in the battle is the $1,500 Open(7), a Mac Pro clone that features a 2.66GHz Nehalem-based Xeon processor, 6GB of DDR3 RAM, a 1TB hard drive (with optional RAID), what looks like an Antec P183 enclosure, and Mac OS X 10.5.