Well now the Ring Card is in trouble requesting more money from the state to continue for another year.
When will they learn.
More public money needed to fund ring°card company.
More trouble at the Ring:
The ring°card making news today with their CST Company and Kai Richter. The county's court of auditors got active again, but the report can't be published - for privacy reasons!? Apparently it got leaked and guess what they want: more money. CST (Cash, Settlement and Ticketing GmbH, the ring°card company) is already 10 million Euros in debt, but they need more for the next four years.
They also claim Kai Richter agreed contracts without advertising and without benefits.
The missing money has now to be paid again by the tax payer. If I would be that tax payer, I would just stop paying. Who needs that plastic card anyways?
Thanks for the info Mike ;)
More info can be found here