fulfil its commitments. In April 2002 the internal legal advisor, Craig Weiner, and the chief financial officer Leonardo Berezowsky, reported to the Board that in the absence of the financing if the operations continue the company will be undertaking obligations that it won't be able to fulfil, with the consequent penalties. Under the said circumstances the Board decided to shut down the company. The company stopped all activities and on December 13, 2002, filed for bankruptcy, which was not completed until 2006. A company called D Data Inc. acquired the entire patent portfolio of Constellation 3D in 2003, and promoted the technology under the new name of Digital Multilayer Disk (DMD). The digital multilayer disk promised six layers and some compatibility with red laser DVD players around 2005. D Data published a web site until about the time of the great recession of 2008. Competitors included InPhase Technologies, which started demonstrating its own storage using holographic techniques around 2002. The high-definition optical disc format war resulted in a focus on the Blu-ray disk. Although some research on 3D disk formats continued, and the Versatile Multilayer Disc briefly promised ten layers, video streaming services eventually made the products no longer relevant by the 2010s. Some even mentioned this technology as one of the examples of vaporware, technologies developed but that were set aside as markets followed new different directions. References Rotating disc computer storage media Optical discs Defunct technology companies