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Mail In Rebates May Be in Jeopardy

First of all I must say: Yes, I am still waiting for my Iomega Zip drive rebate. When I purchased the drive and disks back in the mid 90's, I expected to get $70 back in rebates. I know I'm not going to get that back..

You might find this happening again, as Florida based Continental Promotion Group (CPG) filled for Chapter 11 Bankruptcy protection on Nov 14th. Since Canon uses CPG for rebates, they alerted their dealers a few days ago of the possible rebate issues.Canon also issued a statement saying they will cover rebates.

CPG offers many different items like rebates, Pre-Paid and Gift Cards, Sales rewards and Sweepstakes. They work with companies like Canon, Home Depot, Bed, Bath and Beyond, WOOT!, Costco, Fujitsu, Logitech, Motorola, Pricegrabber, Samsung, Staples, Westinghouse and XM Satellite. Their list goes on from there, with other companies in 120 countries.

CPG will borrow from some of the companies to get the rebates sent out. You might be a little more weary, though if you are going out on Black Friday for the Doorbuster Days.

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