Portada recently broke the news about Level Magazine being folded. Now we heard back from Nicolas Ramirez, the publisher of Level Magazine. Nicolas confirmed that Level is in a “standby” phase right now and implementing a strategic restructuring. He added that January 2010 was the last issue of Level and that they will not be printing a new one for now. “In March or April we will have more news about the future of the magazine”, he concluded.