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[Web] Amiga Inc. is in danger of insolvency and the Amiga brand again faces uncertainty.ANN.lu
Posted on 24-Sep-2003 03:08 GMT by TRAPOSOFT120 comments
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www.amiga.org story by James H. Russell - AO Staff Writer/Editor
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Amiga Inc. is in danger of insolvency and the Amiga brand again faces uncertainty. : Comment 90 of 120ANN.lu
Posted by Bernie Meyer on 24-Sep-2003 12:03 GMT
In reply to Comment 80 (samface):
>Everyone working for Amiga Inc. where perfectly>aware of the risks involved.I can assure you, right here and now, that that might have been the case for anyone working *for* Amiga Inc, but it certainly wasn't the case for everyone working *with* Amiga Inc. Back in 2001, roughly at the same time they stopped paying medical insurance for their employees, I got a lovely "we will pay you X amount of dollars in a year, minimum" offer from them. And there was no "but hark! We may or may not actually *have* X amounts of dollars at the end of the year" attached.Of course, the writing was on the wall even back then. So we changed that offer to "for one year, you will pay us every month an amount to bring the total amount paid to either the total amount due to sales, or to X*n/12 dollars, where n is the number of months since the start of the year, whichever is larger". I.e. the very same minimum amount of X dollars in a year, but now due monthly. Apparently, the pointy heads at AI didn't quite understand it, so they changed it to "For one year, we will pay you each month either the total amount due to sales, or X/12 dollars, whichever is larger" --- which was a change that could potentially drive total amount due within a year past X, even though fewer copies had been sold than required for X.In other words, they changed the contract to their disadvantage --- and *still* didn't say anything about "but there is some risk, you know, we actually don't have all that much money right now". *That* became apparent when they suddenly went into "stealth mode"....
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Comment 91John Block24-Sep-2003 12:36 GMT
Comment 92Fabio Alemagna24-Sep-2003 12:39 GMT
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