It has been a long suffering now it appears to be final - Commerce One says goodbye to shareholders:

"As of September 22, 2004, our unrestricted cash balance is approximately $700,000," the company said in the filing. "Our operating expenses continue to significantly exceed our cash inflows and our recent efforts to raise additional equity or debt financing have been unsuccessful.

"We are currently considering our alternatives, including a significant reduction or discontinuation of our operations, other expense reductions, and/or a sale of all or a portion of our assets. We are currently pursuing discussions with potential buyers of our assets, including our supplier relationship management (SRM) business. We anticipate that we will eventually wind down our business and may file for bankruptcy under Chapter 11 or 7 of the United States Bankruptcy Code. In any such event, we do not expect that the amounts available to us will be sufficient to meet all of our debts and obligations, or that any amounts will be paid to our stockholders."

Too bad....