Technically the company, Bolidea, is not a boat, so it can’t really sink, but as Toni of SD was quoted;

they just boarded the Titanic

There’s nothing worse than a dishonest company, one lacking morals, any sort of Ethics, one that’s willing to lie, steal and cheat to save a few bucks and get their own way…wait, there is. A designer who’s hired by this company that has the same shameful traits as those listed above, David Pache of Dache. We could go on about how to avoid such companies but this time we’re going about it a different way. We’re going to share an article with our readers about this company, but please note that even after all this had taken place, they still argue that it’s their right to use the logo, they provided a flimsy excuse that doesn’t even hold water too.

So to learn more about how scammers might operate, how designers slip up and ruin their reputation, how ethics are thrown right out the window when it comes to money, have a read about Dache Screwing Bolidea, who by the way in turn tried to screw a bunch of designers. Very weak.